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Russian goldminer offers ruble payments to Eurobond holders

Polys informed about the opportunity of direct payments of the coupon yield on Eurobonds floated in the amount of $500 mln and $700 mln respectively

MOSCOW, April 5. /TASS/. Polyus can pay the coupon yield on Eurobonds floated in the amount of $500 mln and $700 mln respectively, mature in 2024 and 2028, and with the coupon rates of 4.7% and 3.25% accordingly in Russian rubles, the Russian goldminer said.

"Polyus informs bondholders about the opportunity of direct payments of the coupon yield on issues of Eurobonds in the amount of $500 mln with the 4.70% interest rate and mature in 2024, and to the amount of $700 mln at the 3.25% per annum interest rate, floated by its 100% indirect subsidiary Polyus Finance Plc and guaranteed by Polyus and Polyus-Krasnoyarsk," the company informed.

In 2022, Polyus requested the consent of Eurobond holders for coupon payment in Russian rubles and in alternative currencies, including the euro, the sterling pounds, and the Swiss francs.