Rusal Achieves Sustainability Benchmarks For 2019 Finance Facility
Russian Federation aluminium titan UC Rusal announced yesterday its achievement of sustainability benchmarks negotiated in a finance facility signed last...
Natixis
EGA Refinances US$5.5 Billion In Corporate Debt
Emirates Global Aluminium PJSC (EGA) completed a refinance of US$5.5 billion of its debt, reducing its debt load by US$1 billion. EGA’s refinance of the 2019 note is a senior unsecured note and extends the repayment date by two and a half...
Rusal Inks US$1.085 Billion Sustainability-Linked Pre-Export Finance Facility
Russian Federation aluminium giant U.C. Rusal announced yesterday the signing of a five-year, US$1.085-billion sustainability-linked pre-export finance facility, the first...
Rusal Launches Russia’s First US$750 MM Sustainability Linked Pre-Export Finance Facility
Russian Federation aluminium titan U.C. Rusal said yesterday it is preparing to enter a new five-year sustainability-linked syndicated facility worth...
Events
EGA Inks US$6.5 Billion Debt Refinancing Loan
Emirates Global Aluminium PJSC (EGA) announced yesterday the successful completion of a US$6.5-billion term loan facility backed by a contingent of several regional and global financial institutions. EGA’s new note is a senior unsecured facility with a tenor of seven years and a flexible repayment profile, allowing the firm to be more agile in its […]
EGA Mulling Debt Refinance
UAE aluminium smelter Emirates Global Aluminium PJSC (EGA) is planning to refinance up to US$6.7 billion of its outstanding debt according to sources who spoke to industry media earlier this week. According to sources, the new deal will include refinancing some portion of the US$4.9-billion loan entered into by EGA in the spring of 2016 […]
Rio Tinto’s Sale Of Aluminium Resources Brought Back To Life: Sources
According to sources professing knowledge of the situation, Rio Tinto Group’s sale of its aluminium assets has recently come back to life. On Wednesday, Reuters reported comments made by a pair of anonymous sources who say that the Anglo-Australian mining titan has again taken up the sale of US$350 million in aluminium resources, including the […]
Biden Infrastructure Bill A Big Boon To Aluminium Industry: Norsk Hydro VP Mike Stier
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
The Net-Zero Shift Starts With Low Carbon Aluminium
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Aluminium at the LME Week – Key Takeaways
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Aluminium Market Oversupplied, Demand Growth Flat
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...
