The Ukrainian Metal

Russia: Rusal issues 15 billion rubles worth of bonds

Rusal has issued ruble bonds with the volume of 15 billion rubles, with maturity in 10 years and an offer in 3 years.

The coupon rate was record-low for the company – 7.45%.

So far this year Rusal has issued bonds for 60 billion rubles. Each issue saw its coupon rate falling – from 9% in April to 7.45% in November. (Ukrainian metal)

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