Alrosa repays series BO-01 and BO-02 exchange-traded bonds

Alrosa repays series BO-01 and BO-02 exchange-traded bonds

The bonds total RUB 10 billion

Alrosa announced having repaid series BO-01 and BO-02 exchange-traded bonds totaling RUB 10 billion that were placed on Moscow Exchange in October 2012.

The bonds were repaid on 30 October 2015, through a liquidity source of cash accumulated earlier on bank deposits. As a result, ALROSA reduced loans and borrowings from USD 3.2 billion to USD 3.0 billion, 100 percent of the Company’s debt portfolio is USD denominated.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

Related Stories

No stories found.
logo
Diamond World
www.diamondworld.net