PJSC Magnitogorsk Iron and Steel Works

MMK notifies on additional extension of consent solicitation process

PJSC Magnitogorsk Iron and Steel Works (MMK) PJSC Magnitogorsk Iron and Steel Works: MMK notifies on additional extension of consent solicitation process 30-Jun-2022 / 13:00 CET/CEST 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. mmk notifies on additional extension of consent solicitation  process

30 JUNE 2022

Magnitogorsk, Russia

 

 

PJSC Magnitogorsk Iron & Steel Works (MOEX: MAGN; LSE: MMK) notifies on the further extension of the Consent Solicitation for its outstanding U.S.$500,000,000 4.375 per cent. Guaranteed Notes due 2024.

On 6 June 2022, PJSC Magnitogorsk Iron & Steel Works (the “Guarantor”) announced a consent solicitation in relation to the outstanding U.S.$500,000,000 4.375% Notes due 2024 issued by MMK International Capital DAC (the “Issuer”) ISIN: XS1843434959 (Regulation S) / US553142AA88 (Rule 144A); Common Code: 111730628 (Regulation S) / 111730628 (Rule 144A Common code)) (the “Notes”) on the terms and subject to the conditions set forth in the Consent Solicitation Memorandum dated 6 June 2022 (the “Consent Solicitation Memorandum”). On 9 June 2022, the Guarantor extended the Consent Deadline from 9 June 2022 (4 p.m. (London time)) to 16 June 2022 (4 p.m. (London time)), and on 17 June 2022, the Guarantor further extended the Consent Deadline from 16 June 2022 (4 p.m. (London time)) to 30 June 2022 (4 p.m. (London time)). Capitalized terms used, but not defined herein, shall have the meanings given to them in the Consent Solicitation Memorandum.