News

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

diamond world news service

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.


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