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RUSAL completes US$600M debt offering oversubscribed

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RUSAL completes US$600M debt offering oversubscribed

United Co. RUSAL Plc on Feb. 2 said it completed the US$600 million, five-year eurobonds offering almost two times oversubscribed.

The eurobonds will have an annual coupon of 5.125% per annum.

The proceeds will be used to refinance some of Rusal's existing pre-export debt facility and to improve the company's debt maturity profile.