Rusal Sanctions Lifted, But U.S. Aluminum Users Still Face Import Levy

Russian Aluminum Giant’s U.S. Creditors Trapped by Sanctions

Gold Silver Reports (GSR) – Russian Aluminum Giant’s U.S. Creditors Trapped by Sanctions — The company’s bondholders have until May 7 to sell $1.6 billion of dollar-denominated securities, but haven’t been able to because the two biggest intermediaries won’t facilitate trades, according to people familiar with the matter. That leaves those creditors of United Company Rusal at risk of having their investments frozen by the U.S. Treasury Department and being forced to write off the debt.                 

READ MORE →