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An update from United Co RUSAL ( (HK:0486) ) is now available.
United Company RUSAL has disclosed that it has paid coupon income for the seventh coupon period on its renminbi-denominated BO-06 series exchange-traded bonds, which mature 1,820 days after placement. The company paid a total of RMB 3,548,853.74 on 88,966 bonds in Chinese yuan and RUB 3,644,247.20 on 8,324 bonds in Russian rubles, reflecting some bondholders’ instructions to receive payments in rubles. The timely servicing of this RMB bond issue underlines RUSAL’s continued access to and use of the Chinese currency debt market, as well as its operational ability to manage multi-currency obligations for different classes of bond investors.
More about United Co RUSAL
United Company RUSAL is an international public joint-stock company incorporated in Jersey and continued in the Russian Federation, primarily engaged in the aluminium industry. Its securities are listed on the Hong Kong Stock Exchange, Moscow Exchange and SPB Exchange, and it raises funding through exchange-traded bond issues, including renminbi-denominated instruments aimed at investors in Russian and international debt markets.
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