RDIF brings investors from UAE, Qatar, Kuwait, Bahrain to Polyus SPO

Interfax, 30.06.2017

MOSCOW. June 30 (Interfax) - A consortium of investors formed by the Russian Direct Investment Fund (RDIF) and sovereign wealth funds from the Middle East participated in the SPO of PJSC Polyus (MOEX: PLZL), Russia's biggest gold producer, the RDIF said.

"Thanks to the RDIF, investors from countries such as the United Arab Emirates, Qatar, Kuwait and Bahrain took part in the share offering," the fund said. These are "first class" investors, RDIF CEO Kirill Dmitriev was quoted as saying.

"The consolidated demand reflects international investors' interest in quality Russian assets in the mining and metals sector," Dmitriev said.