OREANDA-NEWS. December 16, 2013. MMC Norilsk Nickel obtained an award for the Best Corporate Bond Offering of 2013. The award ceremony took place following the XI Russian Bond Congress under the auspices of Cbonds congress in Saint-Petersburg.

Norilsk Nickel Head of corporate finance Artem Pozdnyakov received the award on behalf of the Company.

In February 2013 the Company successfully placed 3-year RUB bonds series BO-01, BO-02 and BO-04 at 7.9% coupon rate for a total amount of RUB 35 billion. The transaction has been one of the largest offerings of corporate bonds in the Russian bond market history. Despite volatile market conditions Norilsk Nickel managed to successfully sell the bonds in the planned range.

"The award signifies a high level of investor trust in the issuer’s credit quality. We are continuously implementing a new financial strategy aimed at efficient debt and liquidity management, optimization of maturity profile, structure and borrowing costs," said the Company’s Chief Financial Officer Sergey Malyshev.