You're reading: Source: Metinvest places $333 million worth eurobonds at 7.95%

Metinvest is placing seven-year eurobonds in the volume of $ 333 million with a yield of 7.95%, a source in banking circles told Interfax-Ukraine.

He noted that the initial target was about 8.5%, and then was reduced to 8.25%.

The final yield target was set at 7.95-8.05%.

The source added that the demand for bonds exceeded $ 1.6 billion.