On July 27, from 11:00 to 15:00 Moscow time, MKPAO United Company Rusal will collect applications for a 5-year bond issue worth 2 billion Chinese yuan, a financial market source told Interfax.
The issue provides for semi-annual coupons and an offer in 2-3 years.
The minimum order is an amount that is a multiple of the equivalent of 1,000 yuan in rubles at the official exchange rate of the Bank of Russia on the date of placement, but not less than 1.4 million rubles.
The placement is scheduled for August 3rd. The organizers are Gazprombank, MKB, Zenit Bank, Gazprombank was chosen as the placement agent.
Moscow Exchange registered six issues of 5-year bonds of OK Rusal – series BO-01 for 30 billion rubles, series BO-02 for 25 billion rubles, series BO-03 for 25 billion rubles, series BO-04 for 20 billion rubles, series BO-05 for 2 billion Chinese yuan and series BO-06 for 2 billion Chinese yuan.
Issues were assigned registration numbers 4B02-01-16677-A, 4B02-02-16677-A, 4B02-03-16677-A, 4B02-04-16677-A, 4B02-05-16677-A and 4B02-06-16677- A. The issues are included in the third level of the Moscow exchange quotation list.
The possibility of early redemption of bonds at the discretion of the issuer is provided.
Also now in circulation are 6 issues of exchange-traded bonds of PJSC Rusal Bratsk with a total volume of 80 billion rubles.
The status of the International Company Public Joint Stock Company (MKPAO) „Rusal” received after redomiciliation to a special administrative region on about. Oktyabrsky in the Kaliningrad region in 2019. Prior to this, Rusal plc was registered on the island of Jersey.