Rusal unit Russian Aluminum sets RUB 150 billion revolving loan limit under amended lending pact

• Rusal-controlled Russian Aluminium signed an Aug. 24 addendum to a loan-transaction framework, lifting a revolving aggregate lending limit to RUB 150 billion.
• Major transaction size set at RUB 359.94 billion, equal to 18.13% of Rusal’s assets using the June 30 FX rate.
• Borrowings can be in rubles or yuan; maximum fixed rate 24% a year, floating rates capped at key benchmarks plus 6%.
• Facility runs through Jan. 21, 2032, with loans to be repaid in full by the end of the term.

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