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Polyus plans to sell new guaranteed debentures to fund tender offer
Chicago, Sept. 28 – PJSC Polyus’ subsidiary Polyus Finance plc is readying a sale of notes to fund a $500 million capped tender offer, according to a press release.
The notes will be guaranteed by JSC Polyus Krasnoyarsk.
Priority allocation for the new notes may be given to tendering noteholders.
London-based Polyus is a gold producer with mines in Russia and Kazakhstan.
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