Ukrainian steel giant Metinvest is considering issuing new bonds to address $430 million in maturing debt.

Ukrainian steel giant Metinvest is reportedly exploring the possibility of issuing new bonds to pay the nearly $430 million bond payment due in April. The company has also previously been in talks for a potential restructuring. Earlier this month, the company paused negotiations with some bondholders for the restructuring of its $1.25 billion debt and stated it would explore "alternative liability management transactions."