PRECIOUS METALS

Polyus closes US$700M Eurobond issuance

FSU-focused gold producer Polyus has returned to the public debt market with a US$700 million Eurobond offering.

Staff reporter
Polyus' Olimpiada mine in eastern Siberia

Polyus' Olimpiada mine in eastern Siberia

The notes are due October 14, 2028, with a coupon of 3.25% pa. Polyus said proceeds would be used primarily to finance the company's capped tender offer for notes due in 2022, 2023 and 2024 - announced...

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