Norilsk Nickel Board of Directors will discuss Eurobonds placement
Edited by Rhod Mackenzie / 2013-10-08 01:39:41
On October 8th 2013, Norilsk Nickel Board of Directors will discuss a Eurobonds placement at the ordinary session. The agenda includes agreement of the transaction for the attraction of one or several loans by the company from its subsidiary MMC Finance Limited financed by the funds raised in issuing and placement of Eurobonds.
In April 2013, Norilsk Nickel placed Eurobonds for a total sum of $750 million. The coupon rate was 4.375%. The Eurobonds repayment period was April 30 2018. The securities are issued by MMC Finance Limited. Since April 30 2013 the Eurobonds are included to the official list and introduced for trading at the main site of the Irish SE.
