Interpipe, one of the leading steel pipe and railway wheels producers, announces that it made a regular payment of Eurobond interest totalling USD 8,750,000 on August 1. Interpipe’s bonds were placed on the Euro MTF Market of the Luxembourg Stock Exchange in July 2007. The total amount of the notes outstanding is USD 200,000,000, with a 3 year maturity and coupon rate of 8.75% with semi-annual payment.

 

Oleksandr Cherniavskyi, Interpipe's Chief Financial Officer, said:

 

“Interpipe's Eurobonds have been in circulation for two years. During this period, Interpipe has confirmed its status as a reliable partner for investors and financial institutions. We believe that Interpipe will continue to justify the confidence of its investors and partners”.