Metinvest holders form ad hoc group to stand in for three note series

By Susanna Moon

Chicago, Sept. 25 – Metinvest BV said that holders of more than half of the outstanding principal amount across three series of notes have formed an ad hoc committee.

The holders represent the following series of notes:

• $85,238,250 10Ό% guaranteed notes due 2016;

• $289,734,000 10½% guaranteed notes due 2017; and

• $750 million 8Ύ% guaranteed notes due 2018.

The committee has appointed Blackstone Group International Partners LLP as financial advisers and Linklaters LLP as legal advisers.

“The issuer welcomes this development and will engage with the committee and its advisers,” according to a company press release.

In order to facilitate discussions, the company said it is asking noteholders to identify themselves using the following contacts:

• Tom Campbell, +44 20 7451 4268 or tom.campbell@blackstone.com;

• Mike Wilcox, +44 20 7451 4342 or wilcox@blackstone.com;

• Boris Docekal, +44 20 7104 4578 or boris.docekal@blackstone.com;

• David Ereira, +44 20 7456 2134 or david.ereira@linklaters.com;

• Richard O'Callaghan, +44 20 7456 4783 or richard.ocallaghan@linklaters.com; and

• Bruce Bell, +44 20 7456 3545 or bruce.bell@linklaters.com.

Metinvest is an integrated mining and steel business based in Donetsk, Ukraine.

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