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Polyus Gold prices US$800M notes offer

PJSC Polyus Gold said Feb. 1 that its controlling shareholder, Polyus Gold International Ltd., has priced the US$800 million notes offer with a coupon of 5.250% per annum, due Feb. 7, 2023.

Closing and settlement is expected to occur Feb. 7.

Polyus Gold plans to use the proceeds from the offering primarily to refinance the company's debt, and other general corporate purposes.