ENRC plans to issue Eurobonds at $3 billion

/IRBIS, May 17, 2010/ - Eurasian Natural Resources Corporation PLC (ENRC) is planning to issue Eurobonds worth $3 billion, the company said. As noted in the message posted on the site of the London Stock Exchange, the registered program approved by the Office of the UK Listing Authority (UK Listing Authority, UKLA). According to the report, data eurobonds issued under the unconditional and irrevocable guarantee of JSC Sokolov-Sarbai ore-dressing production association and KazChrome comprising the ENRC. Organizer Release appointed Deutche Bank. ENRC is the largest producer of ferrochrome in the world, also produces alumina and aluminum. The group consists of Sokolov-Sarbai ore-dressing production association, enterprise KazChrome, Aluminium of Kazakhstan, Kazakhstan electrolysis plant, Zhayremsky GOK, Eurasian Energy Corporation. [2010-05-17]