TMK Offers up to $200 Mln to Buy Back Part of 2018 Eurobond

MOSCOW, April 13 (Reuters) - TMK, Russia's largest maker of steel pipes for the oil and gas industry, has offered up to $200 million to buy back some of its 2018 outstanding Eurobond, it said in a statement on Wednesday.

 

The proposal was offered to eligible holders of its $500 million loan participation notes due in 2018, of which $408.8 million remain outstanding.

 

 

(Reporting by Katya Golubkova; writing by Polina Devitt; editing by Jack Stubbs)