25th Coaltrans AsiaTelestackMULTIMODAL 2019Port of BelledunePort of StocktonCleveland Cascades Ltd
  • 5th Biennial LNG Bunkering
  • TOC Events
  • Bühler GmbH
  • 25th Coaltrans Asia
  • Port of Stockton
  • Sailors Society

RUSAL completes third Rubel Bond placement

RUSAL completes third Rubel Bond placement

(Posted on 10/09/19)

RUSAL, one of the leading global aluminium producers, announces the closure of the book building process for the third placement of its 10-year ruble-denominated bonds. It has a three year put option on the Moscow Exchange with the nominal value of 15 billion rubles and a coupon rate of 8,25% p.a., a record low for the Company.

A wide range of institutional (banks, asset management, insurance and investment companies) and private investors have placed over 50 orders during the book building process. The high demand for RUSAL’s bonds has made it possible to close the book at a rate of 8,25% p.a., which is a record low for the Company. The coupon rate has decreased from the initial 8,50-8,65%. The volume increased from the initially announced 10.0 billion rubles to 15.0 billion rubles; oversubscribed by four times.

“The third consecutive issue of ruble bonds this year has again demonstrated the increasing interest and support from the investment community for RUSAL. We are pleased to see that the Company remains a lucrative investment opportunity with its strategy that is aimed at the innovative development and meets current environmental demands”, said Oleg Mukhamedshin, RUSAL’s Director for Strategy, Business Development and Financial Markets.

During 2019 RUSAL has already completed two public issuances – with a total nominal value of 30 billion rubles. On both occasions the volumes were significantly increased, which is a further proof of investors’ interest and trust in the Company.

The settlement will take place on the Moscow Exchange on September 12, 2019. The issuer is OJSC RUSAL Bratsk. VTB Capital, Gazprombank, Moscow Credit Bank, Sberbank CIB, BCS and Region BC managed the issuance. The settlement agent is Gazprombank.

RUSAL is the leader of the global aluminium industry. In 2018, the Company accounted for about 5.8% of global production of aluminium and 6.2% of alumina production. The Company employs about 64,000 people. RUSAL's offices are operating in 20 countries all over the world and across 5 continents. RUSAL common stock is traded at the Hong Kong Stock Exchange (trade code – 486). RUSAL's ordinary shares are traded on the Moscow Exchange.

Latest News

Heidelberg and Equinor CO2 agreement

(Posted on 18/09/19)

The Chairman of the Managing Board of HeidelbergCement, Dr. Bernd Scheifele, and the state-owned Norwegian... Read more


Vale informs on Brucutu's mining

(Posted on 18/09/19)

Vale has informed that it suspended works in one mining front of Brucutu mine, in the municipality of... Read more


Cargill to deliver sustainable aquaculture feed

(Posted on 10/09/19)

Cargill is expanding its offerings of sustainable alternatives to fishmeal in aqua feed thanks to a... Read more


NGFA commends inland waterways study

(Posted on 03/09/19)

The National Grain and Feed Association (NGFA) and Waterways Council, Inc. (WCI) in the USA have commended... Read more


Bühler calls for sustainable future

(Posted on 03/09/19)

The world faces urgent challenges in the coming decades as climate change and a growing population make... Read more


BHP half-year results highlight growth

(Posted on 28/08/19)

Higher prices and record production from several of BHP operations contributed to strong operating cash... Read more


Bühler revolutionizes industrial milling

(Posted on 28/08/19)

It is a completely new approach to the plant, processes, and machinery of industrial mills. With Mill... Read more


Proposed USDA rules ‘fundamentally flawed’

(Posted on 19/08/19)

The U.S. Department of Agriculture’s (USDA) new proposed rule for regulating plant-based agricultural... Read more


Skills partnership launched

(Posted on 19/08/19)

BHP Mitsubishi Alliance, BMA, TAFE Queensland and CQUniversity Australia have announced a new multi-... Read more


Resolution Copper permitting milestone

(Posted on 13/08/19)

Rio Tinto’s Resolution Copper project in the US has achieved a major permitting milestone with... Read more


5th Biennial LNG BunkeringBühler GmbHCimbria Bulk Equipment A/SIndonesia Coal Mining 2019Sailors SocietyTOC Events
  • Cleveland Cascades Ltd
  • Indonesia Coal Mining 2019
  • Marine Fuels 360 China

Subscribe to our newsletter

Keep up to date with the latest global news in bulk cargo handling and shipping