RUSAL drops dim sum plans, eyes rubles instead
Hong Kong-listed United Company RUSAL, the world’s largest aluminum company, plans to issue a RUR15 billion (US$529.3 million) bonds, dropping an earlier plan of borrowing in renminbi due to cumbersome regulation on remitting the money.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts