Tue 02/22/2022 10:48 AM
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Ukrainian metals and mining group Metinvest’s 7.75% $195 million 2023 eurobonds have lost 6 points today to 84/85 according to Solve Advisors on the back of Moscow granting the so-called DPR and LPR official recognition yesterday and sending troops into Eastern Ukraine.

The heightened security risk has also pushed up the yield on Metinvest’s $647 million 8.5% 2026 notes to 15.6% with quotes down at 76/78. Metinvest’s $500 million 7.75% 2029 bonds have lost 7 points to hit 72/73.

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