United Co RUSAL (HK:0486) has released an update.
United Company RUSAL, an international public joint-stock company, has announced the purchase of its own issued exchange-traded bonds. The buyback is set at 100 percent of the nominal value plus any accumulated coupon income, with the payment due on August 5, 2024. This move follows a change in the interest rate set by the General Director, leading to an obligation to purchase the bonds as requested by the owners within a specified period.
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