Date: 7 days ago   Category: Industry

"Pole" plans to direct up to $300 million for redemption of eurobonds — Rambler News Service


"Pole" plans to direct up to $300 million for redemption of eurobonds
Photo: Vitaly Bezrukikh / RIA Novosti the Polyus Gold mining company can direct up to $300 million for redemption of eurobonds with dates of repayment in 2020, 2022, 2023 and 2024, follows from the message of Polyus. The prices will be determined by rules of the modified Dutch auction. The J. P. Morgan Securities company will act as the dealer of repayment. "Pole" is the largest producer of gold in Russia. Key assets of the company are located in Krasnoyarsk Krai, the Irkutsk and Magadan regions and also in Yakutia. The main beneficiary of the company is Said Kerimov (82,44%), the son of senator Suleyman Kerimov.

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