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
GSC launches mining advisory division, strengthening global investment capabilities
(Posted on 10/11/25)GSC (Global Strategic Commodities) has announced the launch of its dedicated mining advisory division... Read more
SSAB issues first green bonds amounting to SEK2,800m
(Posted on 10/11/25)SSAB AB has successfully issued its inaugural green bonds under its EUR 2 billion EMTN programme, dated... Read more
Anglo American publishes shareholder circular for merger with Teck
(Posted on 10/11/25)On 9 September 2025, Anglo American plc and Teck Resources Limited announced that they had reached an... Read more
Bunge closes agreement to acquire NWT grain elevator assets
(Posted on 04/11/25)Bunge has successfully closed its purchase agreement for the grain elevator assets of North West Terminal... Read more
NGFA applauds Senate committee for advancing Grain Standards Act reauthorisation
(Posted on 27/10/25)The National Grain and Feed Association (NGFA) in the USA has applauded the Senate Agriculture Committee... Read more
Rio Tinto announces board changes.
(Posted on 24/10/25)As Rio Tinto previously reported, the size of its Board peaked at 14 Directors during a transitional... Read more
ADM advances quality capabilities with new central milling laboratory
(Posted on 24/10/25)ADM , a global leader in human and animal nutrition, has celebrated the opening of its new Central Milling... Read more
Bunge announces reporting segment changes and recast outlook
(Posted on 20/10/25)Bunge Global SA has announced that it has changed its segment and volume reporting to align with the... Read more
Open Trade Coalition calls for bold and open EU trade policy
(Posted on 20/10/25)As the European Parliament prepares for the confirmation hearings of the new Commissioners, the Open... Read more
Rio Tinto Q3 results show strong production across the portfolio
(Posted on 14/10/25)Multinational mining company, Rio Tinto, has releases its third quarter 2025 production results showing... Read more
