print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all press releases

ALROSA

April 17, 2024

ALROSA reports fulfilling its obligations under the 2024 Eurobonds

PJSC ALROSA (the “Company”) reports fulfilling its obligations under a Eurobond issue in the amount of USD 500,000,000 with a maturity date in 2024 and a coupon rate of 4.65% per annum (the “Eurobonds”), specifically regarding the redemption of the nominal value of the Eurobonds and payment of the final coupon. According to the issuance documentation, the Eurobonds became due on 9 April 2024 (the “Payment”).

Pursuant to Russian Federation Presidential Decrees No. 95 dated 5 March 2022 and No. 430 dated 5 July 2022 (“Decree No. 430”), on 17 April 2024, the Company transferred funds to JSD NSD (National Settlement Depository) for onward transfer to Eurobond holders whose rights are recorded in the Russian depository infrastructure in accordance with the register of Eurobond holders. The register was collated on 8 April 2024, i.e. one business day prior to the established Payment date, based on the outcomes of the procedure initiated by JSD NSD to identify Eurobond holders. The Payment was made in Russian roubles pursuant to the procedure established by the Resolution of the Board of Directors of the Bank of Russia dated 22 December 2023.

Previously, in accordance with clause 4(4) of Decree No. 430, the Company had obtained approval from the Government Commission on Monitoring Foreign Investment in the Russian Federation to fulfil its obligations to Eurobond holders whose rights are recorded in Russian depositories by transferring funds as required by the Board of Directors of the Central Bank of the Russian Federation, without complying with clauses 4, 4(2), and 4(3) of Decree No. 430.

Furthermore, in accordance with Russian Federation Presidential Decree No. 198 dated 19 March 2024 (“Decree No. 198”), the Company will also provide payments to those Eurobond holders who did not receive the Payment as described above, as long as such Eurobond holders submit a Payment request and other relevant documents as specified in Decree No. 198 to the Company within the deadlines stipulated by Decree No. 198.




Search by industry

Agriculture, Foresty and Fishing | Chemicals | Coal Mining | Conglomerates | Construction Materials | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Ore Mining | Other | Other Extracting | Other Industrial | Other Service | Other Utilities | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer