“Metalloinvest” will place bonds of series BO-01 to 10 billion rubles


Placement of securities is planned for 3 November. Will be released on 10 million bond with a nominal value of one thousand roubles each.

MOSCOW, 29 Oct. “Metalloinvest” will place bonds of series BO-01 at 10 billion rubles, the company said on Thursday.

Will be released on 10 million bond with a nominal value of 1 thousand rubles each open subscription.

Placement of securities is planned for 3 November. The offering price of the bonds is set at 100% of par.

“Holding company metalloinvest” is the largest iron ore company in Russia and the CIS. 100% controlled by USM Holdings, the largest beneficiary is Alisher Usmanov. Other major shareholders of USM are structures of Vladimir Skoch (30%) and Farhad Moshiri (10%).