Investor Presentaiton
Debt Maturity Profile as of March 31, 2013
1,200
1,000
1,051
413
800
776
TMK
■ As of March 31, 2013, total financial
debt amounted to U.S.$3,849 mln
■ 73% of total financial debt is long-term
Weighted average nominal interest rate
totalled 7.02%
U.S.$ mln
600
501
22
22
658
11
500
161
400
754
627
658
300
23
500
200
317
300
0
2013
2014
■Bank Loans
2015
2016
■Investment Loans
As of March 31, 2013, borrowings with a
floating interest rate represented
U.S.$662 million, or 17%, borrowings
with a fixed interest rate - U.S.$3,136
million, or 83%
■ Credit Ratings:
2017
2018
-
■ Bonds
* Convertible bond with a conversion price of $22.308/GDR and a put option due on 11 February 2013. In IFRS accounts
convertible bond liability was included in long-term loans and borrowings as of March 31, 2013 as no bondholders have
executed their rights to request redemption of the bonds in February 2013.
Note: TMK management accounts. Figures above are based on non-IFRS measures, estimates from TMK
management
S&P: B+, Stable;
Moody's B1, Stable.
In April 2013, TMK completed a
placement of $500 million Eurobonds
maturing in 2020 with a coupon of
6.75% p.a., payable semi-annually. New
bond issuance extended TMK's maturity
profile that will be reflected in 2Q 2013.
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