Norilsk Nickel does not plan to issue bonds in case market downward dynamics persists

Norilsk Nickel does not plan to issue convertible bonds in case market poor conditions and downward dynamics persist. Dmitry Kostoev, Deputy General Director and Head of Economics and Finance Unit of the Company, said that the Company has enough options to attract the financial means necessary for implementation of strategic goals without issuing convertible bonds.

Norilsk Nickel, a company incorporated under the laws of the Russian Federation, is the largest diversified mining and metals company in Russia, the world's largest producer of nickel and palladium and one of the world's largest producers of platinum, rhodium, copper and cobalt. In addition to this, MMC Norilsk Nickel produces a large number of other by-products, including gold, silver, tellurium, selenium, iridium and ruthenium.