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Trubnaya Metallurgicheskaya Kompaniya PAO (TRMK.MM)

TRMK.MM on Moscow Interbank Currency Exchange

74.80RUB
4:13am EDT
Change (% chg)

руб2.20 (+3.03%)
Prev Close
руб72.60
Open
руб73.45
Day's High
руб75.00
Day's Low
руб73.05
Volume
112,690
Avg. Vol
792,449
52-wk High
руб85.00
52-wk Low
руб43.50

Latest Key Developments (Source: Significant Developments)

Russia's TMK says Q4 net profit jumps to $84 mln
Monday, 13 Mar 2017 03:51am EDT 

Russian pipemaker TMK says: Q4 net profit at $84 mln, up from $11 mln in Q3; . Q4 revenue up 10 pct q-o-q to $902 mln; . Q4 adjusted EBITDA up 11 pct q-o-q to $140 mln; . Anticipates stronger financial results for FY 2017 supported by an improved performance of the American division; . EBITDA margin expected to remain broadly in line with FY 2016. Further company coverage: [TRMK.MM] (Reporting by Moscow Newsroom) ((jack.stubbs@thomsonreuters.com; +44 2075 427 477; Reuters Messaging: jack.stubbs.thomsonreuters.com@thomsonreuters.net)).  Full Article

TMK ords, Mechel prefs included into MICEX and RTS indices as of March 17
Wednesday, 1 Mar 2017 11:32am EST 

Moscow Exchange : Says has revised the constituent lists of the Moscow Exchange Indices effective from March 17 . TMK ords and Mechel prefs will be added to the MICEX Index and RTS Index . Bashneft and VSMPO-AVISMA Corporation ords will be removed .The constituent lists of the blue chip index will remain unchanged.  Full Article

Russia's TMK launches secondary share offering
Wednesday, 1 Feb 2017 12:16am EST 

TMK (Trubnaya Metallurgicheskaya Kompaniya) : Announces the launch of a fully-marketed secondary public offering of up to 138,888,888 existing ordinary shares of the company by its wholly owned subsidiary Rockarrow Investments Limited; . TMK shares to be offered in the price range of 74.5 roubles ($1.24) to market price, bookrunner says; . The offering represents around 13.44 percent of TMK shares. . Net proceeds from the offering will be used to purchase 138,888,888 ordinary shares of the company from VTB . .Credit Suisse Securities (Europe) Limited, Morgan Stanley & Co. International plc and VTB Capital are acting as joint global coordinators and together with Aton LLC as joint bookrunners in connection with the offering..  Full Article

Russia's TMK launches secondary share offering
Tuesday, 31 Jan 2017 02:06pm EST 

TMK (Trubnaya Metallurgicheskaya Kompaniya) : Announces the launch of a fully-marketed secondary public offering of up to 138,888,888 existing ordinary shares of the company by its wholly owned subsidiary Rockarrow Investments Limited; . TMK shares to be offered in the price range of 74.5 roubles ($1.24) to market price, bookrunner says; . The offering represents around 13.44 percent of TMK shares. . Net proceeds from the offering will be used to purchase 138,888,888 ordinary shares of the company from VTB . .Credit Suisse Securities (Europe) Limited, Morgan Stanley & Co. International plc and VTB Capital are acting as joint global coordinators and together with Aton LLC as joint bookrunners in connection with the offering..  Full Article

Russia's TMK sees U.S. unit EBITDA at $150 mln by 2020-2021
Monday, 29 Aug 2016 06:11am EDT 

Russia's TMK Vice President for Strategy Vladimir Shmatovich told reporters: Sees recovery of North America unit's EBITDA (earnings before interest, taxation, depreciation and amortisation) to $150 million by 2020-2021; . EBITDA of the North America unit may turn positive towards the end of 2016; . TMK plans to prepare development strategy of its North America unit in September, does not plan to leave the U.S. market; . TMK's North America unit's loss before interest, taxation, depreciation and amortisation was $54 million in the first half of 2016; . TMK, Russia's largest maker of steel pipes for the oil and gas industry, has been hit by weak pipe sales in the United States. (Reporting by Svetlana Burmistrova; writing by Polina Devitt; editing by Maria Kiselyova) ((Polina.Devitt@thomsonreuters.com; +7 495 775 12 42; Reuters Messaging: polina.devitt.reuters.com@reuters.net)).  Full Article

Russia's TMK recommends H1 dividend of 1.94 rbls/share
Friday, 26 Aug 2016 02:47am EDT 

Russia's TMK says: Board recommends first half dividend of 1.94 roubles per share Further company coverage: [TRMK.MM] (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com;)).  Full Article

Russia's TMK needs to refinance $450 mln in 2016 - VP
Friday, 19 Aug 2016 09:00am EDT 

TMK vice president Vladimir Shmatovich told Reuters: TMK needs to refinance $450 million this year; . TMK started to supply Iran with pipes. Further company coverage: [TRMK.MM] (Reporting by Moscow Newsroom) ((moscow.newsroom@thomsonreuters.com;)).  Full Article

TMK announces creation of TMK Industrial Solutions
Thursday, 12 May 2016 04:48pm EDT 

Trubnaya Metallurgicheskaya Kompaniya Pao :Announces creation of TMK Industrial Solutions, LLC, which will be part of TMK European Division.  Full Article

Trubnaya Metallurgicheskaya Kompaniya OAO places 5 billion roubles bonds
Wednesday, 13 Apr 2016 06:48am EDT 

Trubnaya Metallurgicheskaya Kompaniya OAO:Places 5 billion roubles BO-05 series bonds with 10 years maturity period.Coupon rate is 13 pct per annum.Organizers of the placement are Gazprombank, VTB Capital, Sberbank KIB and Alfa-Bank.  Full Article

Trubnaya Metallurgicheskaya Kompaniya OAO to place 5 billion roubles bonds - Reuters
Monday, 4 Apr 2016 05:39am EDT 

Trubnaya Metallurgicheskaya Kompaniya OAO:Sets book building date for 5 billion roubles BO-05 series bonds on April 6 - Reuters.Preliminary placement date is April 13, maturity period is 10 years.Benchmark rate for semiannual coupon is 12.75-13.00 pct per annum.  Full Article

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