Russia’s Sibur plans to price dollar-denominated six-year notes

By Rebecca Melvin

New York, Sept. 27 – Sibur Securities DAC, a subsidiary of OAO Sibur Holdings, plans to price dollar-denominated six-year notes (expected ratings: Ba1//BB+), according to a market source.

Proceeds are earmarked for financing the tender offer of Sibur's outstanding $616 million notes due in January 2018.

Sibur is a petrochemical company.

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