MOSCOW, Mar 22 (PRIME) -- Russian diamond producer ALROSA plans to spend U.S. $400 million to buy back 2020 Eurobonds, the company said in a statement on Friday.
The $1 billion bond, sold at 7.75%, will be bought at $1,067.5 per security. Circulation now stands at $894.384 million.
ALROSA also plans to offer a new Eurobond.
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