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ALROSA

October 30, 2015

ALROSA announces a RUB 10 bn exchange-traded bond repayment

On 30 October 2015 ALROSA repaid series BO-01 and BO-02 exchange-traded bonds totaling RUB 10 bn that were placed on Moscow Exchange in October 2012.

The bonds were repaid through a liquidity source of cash accumulated earlier on bank deposits. As a result, ALROSA reduced loans and borrowings from USD 3.2 bn to USD 3.0 bn, 100% of the Company’s debt portfolio is USD denominated.

 

 

 

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