OREANDA-NEWS. UC RUSAL (SEHK: 486, Euronext: RUSAL/RUAL, Moscow Exchange: RUALR/RUALRS), a leading, global aluminium producer, announces that CJSC Moscow Exchange (MICEX) has upgraded OJSC RUSAL Bratsk Rouble Bonds Issue from level B to the top-level A1 list.

RUSAL Bratsk issue of bonds fully meets A1 listing requirements that made it possible to upgrade.

'The upgrade of bonds to A1 level means that an issuer meets all the requirements in terms of corporate governance, financial transparency and bonds liquidity', comments Oleg Mukhamedshin, UС RUSAL Deputy CEO. 'Upgrading to the A1 list will allow the Company to increase the number of potential bonds investors, in particular listing at A1 list is one of the key criteria which permits private pension funds (PPF) to invest in ruble bonds'.

Ruble bond issues may be listed at CJSC Moscow Exchange (MICEX) through list 'A' (1st or 2nd level), 'Б', 'В' and 'И' levels (Cyrillic alphabet). To be listed an issuer must follow rules of corporate governance and have no loses within 2 of the last 3 years while the minimum average monthly trading turnover must be no less than RUR 10 mln for the last 3 months. The issuer must operate for no less than 3 years.