Rusal

Rusal Launches Russia’s First US$750 MM Sustainability Linked Pre-Export Finance Facility

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 US$750 million. It will be the first such facility ever arranged by international commercial banks in Russia. Rusal says the proceeds from...

Events

Rusal Joint Venture Aluminium Wire Cable Factory Begins Production

Russian Federation aluminium giant U.C. Rusal announced on Thursday the commencement of production at Bogolsovsk Cable Factory (BCF), an aluminium alloy core wire production facility in which it is a partner with ELKA-Cable Group. Elements of the factory had entered production previously, including a workshop and certain supplemental machinery. Prior to the second workshop’s commissioning, […]

Rusal Makes Initial Payment On Planned Braidy Aluminium Rolling Mill

Russian Federation aluminium giant Rusal made the first in a series of payments on a US$200 million investment in Kentucky aluminium alloy and rolled aluminium producer Braidy Industries late last week. However, according to filings recently made by the firm to the Securities and Exchange Commission, Braidy is now expected to raise another US$300 million […]

Rusal Places Second Set Of Ruble Bonds This Year On Moscow Exchange

Russian Federation aluminium titan U.C. Rusal announced yesterday the closing of the book-building process for the second successful ruble bond placement the firm has made this year on the Moscow Exchange. The just-completed bond placement is a 10-year bond with a 3.5-year put option and has a nominal value of ₽15 billion (US$236 million). A […]

Rusal Promoted To AAA Credit Rating By Top Chinese Rating Agency

Russian Federation aluminium giant U.C. Rusal announced yesterday that its credit rating was upgraded to AAA status by a top credit rating agency in the People’s Republic of China. Per the firm, China Chengxin Securities Rating Co., Ltd. boosted Rusal’s credit rating from AA+ and assigned it a Stable outlook due to its improved financial […]

Rusal To Launch “Big Data” Aluminium Production Management Project At Several Siberian Smelters

Russian Federation aluminium giant Rusal announced plans yesterday to incorporate “Big Data” forecast analytics to potroom control systems in several of its aluminium smelters across Siberia. The firm says the ₽20 million (US$317,000) project is a step in its company-wide production efficiency improvement strategy. Rusal says the plan has twin motives – improvement of reduction […]