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Sibur gets Eurobond buyback bids for $190 mln

December 12, 2016 Prime

Russian petrochemical holding Sibur has received bids for an early buyback of Eurobonds worth U.S. $190.025 million maturing in 2018, the company said in a statement Monday.

The buyback price was set at $1,017.5 per security. The settlement is scheduled for Thursday.

Sibur earlier announced plans to buy back up to $250 million of 2018 Eurobonds.

Company — SIBUR