RUSAL starts placement of 3rd, 2.5 bln Chinese yuan bonds

MOSCOW, Nov 18 (PRIME) -- Russian aluminum producer RUSAL has started the placement of a third issue of commercial bonds worth 2.5 billion Chinese yuan, the company said in a statement on Friday.

The potential buyers of the bonds that mature in March 2025 are brokers.

The company placed the first issue of commercial bonds worth 2.38 billion yuan on Wednesday, and it started placement of the second 2.5 billion yuan bond issue on Thursday.

RUSAL placed a 6 billion yuan bond issue in October and two exchange bond issues totaling 4 billion yuan in July.

End