PAO Severstal: Clarification regarding the coupon payment for the Eurobond 2024
Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
- Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
- The issuer is solely responsible for the content of this announcement.
- PAO Severstal (MOEX: CHMF; LSE: SVST) (the 'Company') informs that the regular coupon payment in the amount of US$12,600,000 under its US$800,000,000 3.15 % Loan Participation Notes due 2024 (the 'Notes') issued by Steel Capital S.A. (Luxembourg) (the 'Issuer') is due on 16 March 2022.
- At the moment we certify that there are no obstacles from Russian law side for the Company to make the payment under the Loan in order for the Issuer to discharge the coupon payment under the Notes.