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Russian United Co. Rusal Begins Issuing 1 Billion Yuan in Bonds on Shanghai Exchange

By Zhang Yu and Dong Tongjian

(Shanghai) – Russian giant aluminum-producer United Co. Rusal has started issuing one billion yuan ($140 million) worth of onshore bonds on the Shanghai Stock Exchange, the China Securities Regulatory Commission (CSRC) said on Friday.

That step makes it the first overseas company with global operations outside of China to enter the Chinese bond market on China's stock exchanges.

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