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Prospect News home > News index > List of issuers U > Headlines for United Co. Rusal plc > News item
Published on 8/16/2012 in the Prospect News Emerging Markets Daily.

Russia's Rusal cancels up to RUB 30 billion registered bond offering

By Marisa Wong

Madison, Wis., Aug. 16 - United Co. Rusal plc said it canceled a proposed bond offering.

The company registered to issue up to RUB 30 billion of interest-bearing non-convertible ruble-denominated bonds on Aug. 16, 2011. Because no bonds were placed within the year, the issue had to be canceled.

The bonds were originally to be placed through indirect wholly owned subsidiary OJSC Rusal Bratsk.

Rusal is an aluminum company based in Moscow.


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