print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all MMK press releases

MMK

July 2, 2024

MMK to issue RUB 500 million in digital financial assets on Sber platform

Magnitogorsk Iron and Steel Works (MMK) plans to issue digital financial assets (DFAs) worth RUB 500 million for a term of 12 months and with a fixed monthly yield of 18.85% per annum. The decision was published on Sber’s digital assets platform on 1 July 2024.

The Company’s DFAs may be purchased by both legal entities and individuals who are qualified or unqualified investors, although the latter are limited to purchasing no more than RUB 600 thousand per year.

Orders will be accepted over a period of three days, during 2–4 July 2024 inclusive. The allotment date is 5 July 2024. The price of one DFA at the time of issue is RUB 10,000.

DFAs are financial instruments in digital format that are issued, accounted for and traded through a distributed ledger (blockchain technology), which guarantees the immutability of the underlying data.




Search by industry

Agriculture, Foresty and Fishing | Chemicals | Coal Mining | Conglomerates | Construction Materials | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Ore Mining | Other | Other Extracting | Other Industrial | Other Service | Other Utilities | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer