
UC Rusal announced making further debt repayments in the total amount of USD119 million to its international and Russian lenders, including Onexim group, under the International Override Agreement (IOA).
The debt repayment was made on 29 June 2011. Since the beginning of 2011, Rusal has already paid the amount of USD1.7 billion, including refinancing from the proceeds derived from the recent successful ruble bond issue. The amount repaid by the Company to the lenders since the ...