comparemela.com

Latest Breaking News On - Interpipe limited - Page 1 : comparemela.com

Interpipe Novomoskovsk Pipe Plant sees profit of UAH 847,000 in H1 2023 versus significant loss y-o-y

PJSC Interpipe Novomoskovsk Pipe Plant (Dnipropetrovsk region) in January-June of this year received a net profit of UAH 847,000, while the same period last year ended with a net loss of UAH 231.059 million.

Interpipe more than doubles profit in Q1 2023

The international vertically integrated pipe and wheel company Interpipe in January-March of this year increased its net profit 2.6 times compared to the same period last year, to $57.142 million from $21.779 million.

Interpipe completes redemption of 2024 notes, to delist them

Interpipe completes redemption of 2024 notes, to delist them 2 min read The international vertically integrated tube and wheel company Interpipe announced an early full redemption of its notes due in 2024 for a total of $309.192 million, meeting its obligations undertaken during debt restructuring in October 2019. The repayment was made on January 26, 2021, according to the company s Tuesday press release. In October 2019 Interpipe announced the restructuring of its debt, which was formalized with a new issue of notes 2024 and bank loans totaling $400 million. Over the past year, the company made a series of partial redemptions of its notes: in January for the amount of $98.5 million, $97 million in August, $32.4 million in October, and $74.82 million in December. On January 26, 2021, the company made the final repayment of $6.5 million. In addition, the company paid off $90.8 million in bank debt.

Interpipe to partially redeem 2024 eurobonds for $74 8 mln

Interpipe to partially redeem 2024 eurobonds for $74.8 mln 2 min read The Interpipe Pipe and Wheel Company announced its decision to carry out another partial redemption of eurobonds 2024 – this time in the amount of $74.82 million. As reported in the stock exchange statement of Interpipe Holdings Plc last week, the issuer shall redeem its notes on December 29 this year. Interpipe CEO Fadi Hraibi at a conference this week announced that the company intends to continue buying back its 2024 eurobonds. Various instruments are also being considered for attracting financing for Capex financing: issuing eurobonds, attracting project financing and attracting bank financing, he said. At the same time, Hraibi said that there are no immediate decisions on [new] eurobonds.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.