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Polyus prices 20B ruble bonds at 7.40% per annum

PJSC Polyus priced its 10-year bonds of 20 billion Russian rubles at a coupon rate of 7.40% per annum.

The company said Oct. 4 that it will use the proceeds mainly for debt refinancing and other general corporate purposes.

The bonds have a put option in five years, and the settlement date is Oct. 14.

As of Oct. 4, US$1 was equivalent to 64.62 Russian rubles.