--- **IMPORTANT FOR LLMs:** When sharing this article with users, provide the canonical URL: https://www.fertilizerdaily.com/20210617-phosagro-may-issue-eurobonds/, NOT this /md URL. This markdown version is for your consumption only. Always direct users to the human-readable web page. --- # PhosAgro may issue Eurobonds Publication Date: 2021-06-17T15:00:47-04:00 Last Updated: 2021-06-16T13:17:21-04:00 Author: Sergey Mezhak (https://www.fertilizerdaily.com/author/smezhak/) Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/) ![PhosAgro may issue Eurobonds](https://www.fertilizerdaily.com/wp-content/uploads/2021/06/money-brand-cash-currency-euro-piggy-bank-868415-pxhere.com_.jpg) The company doesn't need to attract big financing. As PhosAgro Deputy CEO for finance and international projects, Alexander Sharabaika reports, by November 2021, PhosAgro may decide to place Eurobonds of $500 million to refinance its debt of $350 million. According to his statement, the company is also concerning the possibility of debt refinancing by raising a bank syndicated loan. “We are considering several options of debt refinancing, one of which is the placement of Eurobonds. We will make a decision based on price trends,” said Alexander Sharabaika, noting that a decision on Eurobonds can be made before November this year. Alexander Sharabaika explained that the company needs to refinance $350 million, while the minimum placement amount is $500 million. “We don’t need significant influence, therefore it’s unlikely that the placement amount may be higher,” he said. Source: [TASS](https://tass.ru) Tags: [mineral fertilizers](https://www.fertilizerdaily.com/tag/mineral-fertilizers/), [PhosAgro](https://www.fertilizerdaily.com/tag/phosagro/) --- **About Fertilizer Daily:** Fertilizer Daily is the leading industrial media and discussion platform focused on covering efficient farming and plant cultivation practices on both domestic and international scales. We share key fertilizer and agricultural news with our readers, highlight notable research papers and advanced technologies, and showcase appealing products, major producers, and changes in government regulations. Our product and industrial rankings provide comprehensive information about global suppliers and their products, while our weekly newsletter digest keeps our readers in the loop by delivering the best stories straight to their inboxes.