UC Rusal to place Eurobonds for $600 mln with coupon rate of 5.125%

Nadezhda Ivanova's picture

UC Rusal will place its debut five-year Eurobond issue to the amount of $600 million with a coupon rate of 5.125% - the company has announced the successful determination of the offering price.

"We are pleased that our debut Eurobond issue has attracted interest from such a wide range of international investors. UC Rusal has successfully opened new market of borrowing. This transaction strengthens the company's position through diversification of funding sources and improvement of debt structure, "- said general director of the company Vladislav Solovyov.

The funds will be used to refinance loans.

 

https://rns.online/industry/Kupon-po-debyutnim-pyatiletnim-evroobligatsi...

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