Rusal Places This Year’s Third Set Of Ruble Bonds
Russian aluminium titan U.C. Rusal closed the book-building process on its third placement of 10-year ruble-dominated bonds earlier this week....
VTB Capital
Rusal To Place ₽15 Billion Bond On Moscow Exchange
Russian Federation aluminium titan U.C. Rusal closed the bookbuilding process for this year’s fourth placement of a ruble-denominated bond on the Moscow Exchange earlier this week. The bond in question has a total nominal value of ₽15 billion and features a 10-year...
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...
Rusal Successfully Places ₽15 Billion Bond On Moscow Exchange
In the first such move since sanctions from the United States government were removed earlier this year, Russian Federation aluminium...
Events
Russian Tycoon Pair Sell Three Percent of Rusal for US$315 Million
According to one of the pair’s bookrunners, Russian moguls Mikhail Prokhorov and Viktor Vekselberg sold their combined 3-percent stake in Russian Federation’s aluminium behemoth U.C. Rusal yesterday. The unidentified bookrunner who spoke to Reuters on the subject indicated that the sale was an accelerated bookbuilding (ABB) in the amount of US$315 million for roughly 456 […]
Kazakh Aluminium Smelter Seals Six-Year Agreement for €300 MM
Natural resources firm Eurasian Resources Group (ERG) has entered into an agreement with financial services firm VTB Group to finance a six-year aluminium supply worth an estimated €300 million (US$330 million). VTB Capital has reportedly already released an advance payment for the purchase of 660,000 metric tons for the life of the loan to supply […]
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 ...
