Norilsk Nickel to offer $500 mln of replacement bonds on Thursday

MOSCOW, Dec 6 (PRIME) -- Russian metals giant Norilsk Nickel will offer U.S. $500 million of bonds on Thursday to replace the Eurobonds maturing in 2026, the company said in a statement on Wednesday.

Payment for the bonds will be made in foreign securities, or Eurobonds, whose rights are registered by the Russian depositories, or in cash with the targeted use of funds raised for the purchase of Eurobonds, whose rights are registered by the Russian depositories.

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