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Russia’s Metalloinvest plans RUB 10 billion of 10-year exchange bonds
By Susanna Moon
Chicago, Oct. 29 – Russia’s Metalloinvest said it plans to issue RUB 10 billion of 10-year BO-01 series exchange bonds.
The coupon for the first 12 coupon periods will be set during bookbuilding, according to a company notice.
The bonds are putable after six years, and the bonds are callable in four years at 100.5% of par.
Gazprombank is the lead manager and underwriter.
The issuer is a Moscow-based mining and metallurgy company.
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