News

Advanced Search

ALROSA Announces Measures on Short-Term Debt Refinancing

Apr 30, 2014 9:04 AM   By ALROSA
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

Press Release: ALROSA allocated two long-term bank loans in the amount of $1.09 billion with a maturity of 3 years. The loans were allocated for early repayment of $820 million in  bank loans with maturity in June and December 2014. As of April  30,  bank loans and public debt instruments account for $4 billion, with long-term debt share of 88 percent, according to a company statement.

Debt increases of $270 million was justified by creating a liquidity source for $500 million of  Eurobond repayment in November 2014.


Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.

Tags: Alrosa, Debt, euro bond, financing
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2021 by Rapaport USA Inc. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are registered TradeMarks.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.