Russian Metals Miner to Issue Dollar Bond, Says Deal Notice

Posted on October 6, 2015 by Nanthakumar Victor Emmanuel, P.Eng. Leave a comment

A Norilsk Nickel plant in Norilsk, Russia. The company will pay a semiannual interest rate of around 7% on a bond that would come due in October 2022. #Metals #Miner #NorilskNickel is set Tuesday to become the first #Russian company to issue a bond in #U.S. #Dollars in over nine months, according to a deal notice seen by The #WallStreetJournal.

The company would have to pay a semiannual interest rate of around 7% on a bond that would come due in October 2022, according to initial pricing guidance provided in the deal notice. The bond is expected to be priced later on Tuesday, the deal notice said.