Metinvest Mining and Metallurgical Group intends on December 18 to pay $6.509 million non-guaranteed interest income on eurobonds for the period from August 18 to September 18, 2017 to the holders of eurobonds with maturity of up to December 31, 2021.

According to a group report on the website of the Irish Stock Exchange, the interest is calculated at a rate of 6.5795% per annum and is payable if the company has more than $180 million free cash available for this.

Secured guaranteed interest income at a rate of 2.793% per annum will not be paid ahead of schedule.

The terms of eurobonds circulation also imply a payment of non-guaranteed interest income at a rate of 1.5025% per annum, which, however, is written off if there are no available funds. The corresponding income will also not be accrued ahead of schedule and capitalized.

The date of drawing up the register of eurobond holders for interest payments was established December 15, 2017.