Mourant Ozannes advises Polyus Gold on $750m Eurobond issue

Mourant Ozannes has advised Jersey incorporated gold producer Polyus Gold International on a $750m (£497m) Eurobond issue.

Polyus Gold is the largest gold producer in Russia and one of the top 10 gold miners globally by ounces produced. The company holds the world’s third-largest gold reserves with nearly 88 million ounces of proven and probable gold reserves.

Partner James Hill and senior associate Jon Woolrich of Mourant Ozannes’ Jersey office advised Polyus Gold on the Eurobond issue. The issuance was of 5.625 per cent notes, due in 2020.  

Debevoise & Plimpton acted as English and Russian counsel to Polyus Gold.