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Trubnaya Metallurgicheskaya Kompaniya PAO (TRMK.MM)

TRMK.MM on Moscow Interbank Currency Exchange

79.95RUB
16 Jan 2017
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Latest Key Developments (Source: Significant Developments)

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

Trubnaya Metallurgicheskaya Kompaniya OAO to sell 44 mln additional shares in VTB deal - Reuters
Tuesday, 22 Mar 2016 01:25am EDT 

Trubnaya Metallurgicheskaya Kompaniya OAO:Russia's largest maker of steel pipes for the oil and gas industry, said on Tuesday it would sell 44 million additional shares as part of a financing deal with VTB bank - Reuters.TMK agreed a deal with VTB last year to raise around 10 billion roubles by selling its shares. The funds will be used to reduce debt by repaying bank loans this year.  Full Article

Trubnaya Metallurgicheskaya Kompaniya OAO sells its shares to Bank VTB PAO
Tuesday, 29 Dec 2015 11:59pm EST 

Trubnaya Metallurgicheskaya Kompaniya OAO:Says that on Dec. 29 completed a deal with VTB Bank to raise around 10 billion roubles by selling its shares.The funds will be used to reduce debt by repaying bank loans in 2016.Part of the shares will be delivered in the course of 2016.TMK has a right to buy the shares back.  Full Article

Trubnaya Metallurgicheskaya Kompaniya OAO opens 12.78 billion roubles credit line
Tuesday, 8 Dec 2015 07:07am EST 

Trubnaya Metallurgicheskaya Kompaniya OAO:Opens 12.78 billion roubles credit line in Sberbank for company's unit Taganrogskiy metallurgicheskiy zavod.Credit will run till August 26, 2022.  Full Article

Trubnaya Metallurgicheskaya Kompaniya OAO recommends H1 dividend
Monday, 31 Aug 2015 01:55am EDT 

Trubnaya Metallurgicheskaya Kompaniya OAO:Board recommends H1 dividend of 2.42 roubles a share, or 2.4 billion roubles in total.Proposes record date on October 23.  Full Article

BRIEF-Russia's TMK sees U.S. unit EBITDA at $150 mln by 2020-2021

MOSCOW, Aug 29 Russia's TMK Vice President for Strategy Vladimir Shmatovich told reporters: