TMS Awards 2020Sailors SocietyViganChina Coaltrans 2020Bühler GmbHPort of South Louisiana
  • Cleveland Cascades Ltd
  • Telestack
  • Port of South Louisiana
  • The Wolfson Centre for Bulk Solids Handling Technology
  • Coaltrans Virtual World Coal Leaders Network 2020
  • TMS Webinar Series COVID-19: A Leadership Perspective - ‘Container Terminals in the Pandemic - Rapid bounce back or slow recovery?

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

Rio Tinto learns to live with Covid-19

(Posted on 18/10/20)

Rio Tinto has released its third quarter production results.Chief Executive J-S Jacques said “... Read more


WCA supports IEA call for inclusivity

(Posted on 16/10/20)

Michelle Manook, Chief Executive, World Coal Association (WCA) has issued a statement on the World Energy... Read more


New Argentine frac sand plant selects Superior

(Posted on 12/10/20)

Superior Industries, Inc., a global manufacturer and supplier of bulk material processing and handling... Read more


Rusal smelter to switch to eco-friendly pitch

(Posted on 12/10/20)

As part of its environmental modernization program, by 2024 RUSAL, a leading global aluminium producer... Read more


Latest grain movement record for CN

(Posted on 07/10/20)

As the North American economy continues its recovery, CN is pleased to announce that its people moved... Read more


FLSmidth to acquire KnowledgeScape

(Posted on 07/10/20)

FLSmidth has confirmed the signing of a definitive agreement for the acquisition of KnowledgeScape,... Read more


BHP Australian apprenticeship pledge

(Posted on 02/10/20)

BHP CEO Mike Henry has announced BHP’s commitment to training and funding for 3,500 new Australian... Read more


U.S. agriculture urges Trump to remain in WTO

(Posted on 28/09/20)

The National Grain and Feed Association (NGFA) in the USA and 61 other U.S. agriculture stakeholders... Read more


Rusal completes domiciliation process

(Posted on 27/09/20)

RUSAL, a leading global aluminium producer, has announced that it has been registered as a new resident... Read more


WCA welcomes IEA report

(Posted on 21/09/20)

The World Coal Association (WCA) Chief Executive, Michelle Manook has welcomed the IEA Energy Technology... Read more


TelestackCimbriaThe Wolfson Centre for Bulk Solids Handling Technology TBA GroupPort of StocktonCleveland Cascades Ltd
  • Vigan
  • China Coaltrans 2020
  • TMS Awards 2020
  • TBA Group

Subscribe to our newsletter

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