Ukraine’s Metinvest Tests Appetite for Bond as Lender Talks Fail

Metinvest BV is sounding out investors on appetite for a new bond after the Ukrainian mining and steel firm failed to reach a debt restructuring deal with a group of existing noteholders ahead of an April deadline.

Representatives for Metinvest are meeting with fund managers in London at a roadshow organized by Deutsche Bank AG, according to people familiar with the matter, who asked not to be identified because the information is private. The company will also meet with US investors, one of the people said.