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The latest update is out from United Co RUSAL ( (HK:0486) ).
United Company RUSAL has announced the registration of a new series of exchange-traded bonds, denominated in Chinese yuan and listed on the Moscow Exchange. The BO-001P-16 series bonds carry a nominal value of 1,000 yuan each, will be placed via open subscription, and are scheduled to be redeemed 1,092 days after the start of placement.
The issue, registered by Moscow Exchange MICEX-RTS, forms part of RUSAL’s existing 001P bond programme, and no separate securities prospectus was registered at the same time. The move underlines the company’s continued use of the local debt market and growing engagement with yuan-denominated funding, which may diversify its investor base and currency exposure.
More about United Co RUSAL
United Company RUSAL is an international public joint-stock company, originally incorporated in Jersey and now continued in the Russian Federation. The group is one of the world’s major aluminium producers, with its shares listed on the Hong Kong Stock Exchange and Moscow Exchange, and it regularly reports to investors via Russian and international disclosure platforms.
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