Uranium One Sets Terms for Russian Bond Offer

Reuters Canada reported Uranium One (TSX:UUU) has negotiated the commercial terms for a five-year Russian bond offering worth $463.5 million.

As quoted in the market news:

The ruble-denominated bonds, which will be the first to be issued by a foreign-listed company in the post-communist Russian Federation, will be traded on Russia’s MICEX exchange. The interest rate is set at 6.74 percent, payable semi-annually from the date of issue.

Click here to read the full Reuters Canada report.