The ALROSA Finance (ALROSA sub) placed the $200mln worth bonds to be covered in 2014, the JP Morgan informed as one of the lead managers of the issue. Last Nov. the company placed the bonds in the volume of $300 mln with 8.875% in the yield. In Oct. the new or several issues with $800mln in the total worth were approved for the launching. JP Morgan Securities Ltd. and ING Bank NV (London Branch) are the arrangers.
Source: AK&M
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