Russia: Rusal prices $600 million debut Eurobond

Rusal has announced the successful pricing of a debut Eurobond transaction with the following key parameters: size $600 million, maturity 5 years, coupon 5.125%. Proceeds of the issuance are planned to be used for refinancing the company’s current indebtedness. Vladislav Soloviev, Rusal’s CEO said: “We are delighted to win overwhelming support for our debut Eurobond…

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Kazakhstan to lose Russian coal market

The prime minister of Kazakhstan Bakytzhan Sagintayev said that the country might soon lose the Russian coal market. “We have long been witnessing that Russia has been decreasing coal purchases. And the technologies are developing fast. Soon we might lose the market that we have today. We need to think of some other ways”, he…

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