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RUSAL places 3 bln yuan of 3-year exchange bonds

MOSCOW, Dec 28 (PRIME) -- Aluminum producer RUSAL has finished the placement of 3 billion Chinese yuan of 3-year exchange bonds, the company said in a statement on Wednesday.

The issue carries quarterly coupons. Gazprombank was the underwriter.

The first coupon was set at 3.85% annually, the second to twelfth coupons will be calculated on the basis of the Loan Prime Rate of the central bank of China for the first class borrowers plus 0.2%.

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28.12.2022 14:07