Polyus to consider sustainability-linked bonds

4th June 2021 By: Reuters

Russia's largest gold producer Polyus will consider issuing sustainability-linked bonds for refinancing of its 2022 Eurobond, CEO Pavel Grachev told Reuters.

Polyus's net debt to Ebitda ratio will begin to rise in the coming years as it increases investment in its two expansion projects, Blagodatnoye and Sukhoi Log, the CEO said.