Supervisory Board of diamond mining company ALROSA took decision to arrange placement of unregistered interest-bearing unconvertible commercial bonds of 12 series – BО-01, BО-02, BО-03, BО-04, BО-05, BО-06, BО-07, BО-08, BО-09, BО-10, BО-11, BО-12 with obligatory centralized storage, Vedomosti newspaper reported citing the company’s statement.
Each issue of bonds offers placement of 5 million units with a nominal value of RUB 1,000 per unit, and the corresponding total nominal value of RUB 5 billion. The bonds are maturing in 1092 days from the date of placement.
The placement of papers to be effected by public subscription.
Supervisory Board approved decisions on issues of the above papers, prospectus for each of the issues as well as certified agreement of debenture issue between AK ALROSA and CJSC VTB Capital.
Supervisory Board also considered issues related to approval of loan agreement to be signed between ALROSA and VTB bank, and also definition of interest rates and inclusion of the issue of approval of the loan agreement to the agenda of general meeting of ALROSA’s shareholders.
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