Petropavlovsk has placed Eurobonds for $500 million maturing in 2022. Rate semi-annual coupon was set at $ 8,125% annual, is spoken in materials of the company.
The Issuer of the notes is Limited Petropavlovsk 2016.
On the bonds provided by a surety by: Petropavlovsk PLC, JSC Pokrovskiy Rudnik, LLC Albynskiy Malomirskiy Rudnik and LLC Rudnik.
The proceeds from the placement the company plans to direct for refinancing of Bank loans provided by Sberbank and VTB.
The organizers of the placement: Citigroup Global Markets Limited, J. P. Morgan Securities plc, SIB (Cyprus) Limited and VTB Capital.