RUSAL Plan to Issue 2 billion bond

Dubai, Dec. 8—news said that Emirates Aluminium plan to issue 2 billion value bond next year. EMAL is prepared to build a biggest aluminum smelter in Abu Dhabi. In last week, EMAL consent to loan 4.94 billion dollars, France Paris Bank, Scotland Royal Bank and HK band in charge of this. This loan including a six year’s 2.8 billion$ equity bridge loan and a sixteen year 1.87 billion$ Installment Loan. Abu Dhabi Mubadala Development Company and Dubai Aluminum Company combined to RUSAL last year to fully utilize local resource and to fill the growing demand of global beverage can and aviation industry.