Russian miner chips away at 2022 maturity

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Russian miner chips away at 2022 maturity

Adobe, Petropavlovsk, mining, Russia
Far east, Russia, the city landscape of Petropavlovsk-Kamchatsky | Krasnoshchekov Sergey www.wildlifephoto.ru +79622812063/SergeyKrasnoshchokov - stock.adobe.com

Petropavlovsk, the London-listed Russian gold miner, will repurchase over $135m of international bonds due in 2022 to ease a maturity that Fitch has said is vulnerable to the last year of board and management instability.

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