Nov 19, 2014

ALROSA Repays US $500 mn Eurobond, Reduces Borrowings

Alrosa  repaid Eurobonds, issued in November 2004-January 2005, to  the total amount of $500 mn, on November 17th,  2014.  

The Eurobond repayment was made from cash flow from operating activities, and, as a result, the Company’s loans and borrowings decreased from $4.2 bn to $3.7 bn.