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Published on 10/4/2019 in the Prospect News Emerging Markets Daily.

New Issue: Russia’s Polyus prices RUB 20 billion of 7.4% 10-year bonds

By Sarah Lizee

Olympia, Wash., Oct. 4 – PJSC Polyus priced RUB 20 billion of 7.4% 10-year bonds, according to an announcement.

The bonds have a put option after five years.

Proceeds will be used for debt refinancing and other general corporate purposes.

London-based Polyus is a gold producer with mines in Russia and Kazakhstan.

Issuer:PJSC Polyus
Issue:Bonds
Amount:RUB 20 billion
Maturity:10 years
Coupon:7.4%
Put option:After five years
Announcement date:Oct. 4
Settlement date:Oct. 14

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