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Interpipe Places Eurobonds For USD 200 mln

Interpipe Places Eurobonds For USD 200 mln

19 July 2008

Interpipe announced yesterday that it had placed three-year, USD 200 mln Eurobonds with a 8.75% coupon. Interpipe plans to use the funds for the refinancing of short-term debt, dividend payouts and to finance capital expenditures at Nyzhnyodniprovsky Pipe (NITR: U/R), Nico Tube and Interpipe Ukraine.

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