Pipe Metallurgic Company started procedure of replacement of eurobonds

PUBLIC JOINT-STOCK COMPANY "TMK" plans to place local bonds for replacement of eurobonds until the end of 2023 according to the decree of the president, reported in companies. The press service of PUBLIC JOINT-STOCK COMPANY "TMK" published the statement for start of procedure of inquiry of a consent of holders of bonds, let-out TMK Capital S.A. for the sum of 500 million US dollars with a rate of 4,3% and with repayment in 2027. The purpose of this procedure — to consider possibility of adoption of the extraordinary resolution on a question of approval of replacement of Bank of New York Mellon COR Corporate Trustee Services Limited on Limited liability company "Ligal Capital...