ALROSA says to buy back $427 mln of 2020 Eurobonds through tender

MOSCOW, Apr 2 (PRIME) -- Russian diamond mining giant ALROSA plans to buy back U.S. $427 million of 2020 Eurobonds through a tender at $1,068 per security, the company said in a statement on Tuesday.

If the financing conditions are met, settlements will be done on April 16. After the deal, the outstanding Eurobond fall to $494.4 million.

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