Regulatory News:
Hong Kong Exchanges and Clearing Limited and The Stock Exchange of
Hong Kong Limited take no responsibility for the contents of this
announcement, make no representation as to its accuracy or completeness
and expressly disclaim any liability whatsoever for any loss howsoever
arising from or in reliance upon the whole or any part of the contents
of this announcement.
UNITED COMPANY RUSAL PLC (Paris:RUSAL) (Paris:RUAL)
(Incorporated
under the laws of Jersey with limited liability)
(Stock
Code: 486)
VOLUNTARY ANNOUNCEMENT
MULTICURRENCY CREDIT FACILITY AGREEMENT
OF UP TO USD400
MILLION
|
|
|
The Company is pleased to announce that a multicurrency credit
facility agreement of up to USD400 million was signed on 30 January
2013 with the first utilization under that financing scheduled for
early February 2013.
|
United Company Rusal Plc (the "Company”) is pleased to announce
that, on 30 January 2013, it entered into a multicurrency credit
facility agreement of up to USD400 million with various international
banks, including ING Bank N.V. as the coordinating mandated lead
arranger, and Bank of China (UK) Limited and OJSC Nordea Bank as the
mandated lead arrangers, UniCredit Bank Austria AG, ZAO UniCredit Bank,
Raiffeisen Bank International AG and Société Générale as the senior lead
arrangers (the "Facility”).
The Company intends to prepay the scheduled amortizations of principal
due for the third and fourth quarters of 2013 in early February 2013
under the USD4.75 billion syndicated facility dated 29 September 2011
arranged and funded by the international and Russian lenders (as
mentioned in the Company’s announcement dated 30 September 2011) in the
total amount of USD406 million using the funds under the Facility (to be
disbursed upon the satisfaction of all conditions precedent) as well as
the Company’s own funds (up to USD80 million). Following such
prepayment, the Company will not have any amounts of principal due in
2013 under the aforementioned USD4.75 billion syndicated facility.
Therefore the total scheduled repayments of principal in 2013 due under
the Company’s financing arrangements will be reduced to approximately
USD500 million (such amount being due in the third and fourth quarters
of 2013).
|
|
By Order of the Board of Directors of
United Company RUSAL Plc
Vladislav Soloviev
Director
|
31 January 2013
As at the date of this announcement, the executive Directors are Mr.
Oleg Deripaska, Ms. Vera Kurochkina, Mr. Maxim Sokov and Mr. Vladislav
Soloviev, the non-executive Directors are Mr. Dmitry Afanasiev, Mr. Len
Blavatnik, Mr. Ivan Glasenberg, Mr. Maksim Goldman, Ms. Gulzhan
Moldazhanova, Mr. Christophe Charlier, Mr. Artem Volynets, Mr. Dmitry
Yudin, Mr. Vadim Geraskin, and the independent non-executive Directors
are Mr. Barry Cheung Chun-yuen, Dr. Peter Nigel Kenny, Mr. Philip Lader,
Ms. Elsie Leung Oi-sie and Mr. Matthias Warnig (Chairman).
All announcements and press releases published by the Company are
available on its website under the links http://www.rusal.ru/en/investors/info.aspx
and http://www.rusal.ru/en/press-center/
press-releases.aspx, respectively.
