Ukraine's Metinvest offers bond exchange, Fitch rates them 'junk'
October 23, 2014 at 04:49 AM EDT
MOSCOW, Oct 23 (Reuters) - Ukraine's largest steelmaker, Metinvest, has offered holders of its $500 million bond which was due to mature in May 2015 a longer-term bond to November 2017 with an increased interest rate of 10.5 percent per annum.