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In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index and the RogersTM-Van Eck Hard Assets Producers Index.

The Company holds one of the world’s largest gold reserves with 65.8 million ounces of proven and probable gold reserves underpinning the Polyus Gold’s strong growth profile (3% increase in gold production in 2014 to 2013).

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A people-orientated company that provides development opportunities, adheres to safety standards, and can attract, motivate and retain the best employees and management available

A socially responsible company that contributes to social development in its areas of operation

An environmentally responsible company that identifies and mitigates environmental impacts from its operations, through conscientious management of its assets throughout the life cycle of mining activity

Description of the Notes

Common code/ISIN for Regulation S Notes

Common code/ISIN/CUSIP for Rule 144A Notes

Outstanding principal amount

Minimum Denomination and multiples to instruct

Purchase Price

Maximum Acceptance Amount

U.S.$500,000,000 4.699 per cent Guaranteed Notes due 2022 (the «2022 Notes»)

140576638 / XS1405766384

098266640 / US73180YAB02 / 73180YAB0

U.S.$482,806,000

U.S.$200,000 and integral multiples of $1,000 in excess thereof

U.S.$1,020.00 per U.S.$1,000 in principal amount of the 2022 Notes

Up to U.S.$500,000,000 in aggregate principal amount across all Series of Notes (subject to increase, decrease or amendment at the discretion of the Offeror and subject to applicable law)

U.S.$800,000,000 5.250 per cent Guaranteed Notes due 2023 (the «2023 Notes»)

153392293 / XS1533922933

111731179 / US73180YAC84 / 73180YAC8

U.S.$787,800,000

U.S.$200,000 and integral multiples of $1,000 in excess thereof

U.S.$1,058.75 per U.S.$1,000 in principal amount of the 2023 Notes

US$500,000,000 4.70 per cent Guaranteed Notes due 2024 (the «2024 Notes»)

171347432 / XS1713474325

111730962 / US73181LAA98 / 111730962

US$470,134,000

U.S.$200,000 and integral multiples of $1,000 in excess thereof

U.S.$1,077.50 per U.S.$1,000 in principal amount of the 2024 Notes

Gold is a most conservative investment

Our principal operations are located in Russia’s most prolific gold mining provinces in Eastern Siberia and the Far East and include 5 operating mines

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

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Gold is a most conservative investment

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

Learn more

Региональные различия оформления текста

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Polyus Gold International has a premium listing on the London Stock Exchange (ticker: PGIL). Its shares are also included in Level 1 Quotation List of the Moscow Exchange (ticker: PGIL). In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent off.

  1. The Company is a constituent of the STOXX Europe 600 Index
  2. Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index
  3. And the RogersTM-Van Eck Hard Assets Producers Index.
    1. Polyus Gold International has a premium listing on the London Stock
    2. Exchange (ticker: PGIL). Its shares are also included in Level 1 QuotationExchange (ticker: PGIL).
    3. Its shares are also included List of the Moscow Exchange (ticker: PGIL).

Polyus Gold International has a premium listing on the London Stock Exchange (ticker: PGIL). Its shares are also included in Level 1 Quotation List of the Moscow Exchange (ticker: PGIL). In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

  • The Company is a constituent of the STOXX Europe 600 Index
  • Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index
  • And the RogersTM-Van Eck Hard Assets Producers Index.
    • Polyus Gold International has a premium listing on the London Stock
    • Exchange (ticker: PGIL). Its shares are also included in Level 1 QuotationExchange (ticker: PGIL).
    • Its shares are also included List of the Moscow Exchange (ticker: PGIL).

Gold is a most

Our principal operations are located in Russia’s most prolific gold mining provinces in Eastern Siberia and the Far East and include 5 operating mines

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

Learn more

Key financial and operating indicators

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index and the RogersTM-Van Eck Hard Assets Producers Index.

Polyus Gold International has a premium listing on the London Stock Exchange (ticker: PGIL). Its shares are also included in Level 1 Quotation List of the Moscow Exchange (ticker: PGIL). In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index and the Rogers™-Van Eck Hard Assets Producers Index. Additionally, Polyus Gold International GDRs are traded OTC in the US (ticker: PLZLY).

Key financial and operating indicators



The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index and the RogersTM-Van Eck Hard Assets Producers Index.

Polyus Gold International has a premium listing on the London Stock Exchange (ticker: PGIL). Its shares are also included in Level 1 Quotation List of the Moscow Exchange (ticker: PGIL). In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index and the Rogers™-Van Eck Hard Assets Producers Index. Additionally, Polyus Gold International GDRs are traded OTC in the US (ticker: PLZLY).

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index and the RogersTM-Van Eck Hard Assets Producers Index.

The Company holds one of the world’s largest gold reserves with 65.8 million ounces of proven and probable gold reserves underpinning the Polyus Gold’s strong growth profile (3% increase in gold production in 2014 to 2013).

Analyst coverage

Bank Analyst E-mail
Alfa-Bank Dmitry Glushakov dglushakov@alfabank.ru
Bank of America Merrill Lynch Eduard Faritov eduard.faritov@baml.com
BCS Vladimir Sergievskiy
Kirill Chuyko
opetropavlovskiy@bcsprime.com
kchuyko@bcsprime.com
Citi Jon H Bergtheil jon.bergtheil@citi.com
Credit Suisse Semyon Mironov
Mikhail Priklonsky
semyon.mironov@credit-suisse.com
mikhail.priklonsky@credit-suisse.com

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index and the RogersTM-Van Eck Hard Assets Producers Index.

The Company holds one of the world’s largest gold reserves with 65.8 million ounces of proven and probable gold reserves underpinning the Polyus Gold’s strong growth profile (3% increase in gold production in 2014 to 2013).

Polyus Gold International has a premium listing on the London Stock Exchange (ticker: PGIL). Its shares are also included in Level 1 Quotation List of the Moscow Exchange (ticker: PGIL). In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

  • The Company is a constituent of the STOXX Europe 600 Index, the FTSE
  • Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines Index
  • And the RogersTM-Van Eck Hard Assets Producers Index.
    • Polyus Gold International has a premium listing on the London Stock
    • Exchange (ticker: PGIL). Its shares are also included in Level 1 QuotationExchange (ticker: PGIL).
    • Its shares are also included List of the Moscow Exchange (ticker: PGIL).

Gold is a most conservative investment

Our principal operations are located in Russia’s most prolific gold mining provinces in Eastern Siberia and the Far East and include 5 operating mines

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

Learn more

Polyus Gold признает влияние на окружающую среду и постоянно внедряет новые эффективные и экологичные технологии

Андрей Мельников, ведущий инженер

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

Компания «Полюс» обладает четвертыми крупнейшими запасами золота в мире (доказанные и вероятные запасы по международной классификации составляют 64,3 миллионов унций) — фундаментом устойчивого роста производства.

Основные предприятия компании расположены в Красноярском крае, Иркутской и Магаданской областях, а также в Республике Саха (Якутия) и включают 5 действующих рудников, золотоносные россыпи и ряд проектов в стадии строительства и развития.

Андрей Мельников, ведущий инженер

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves.

The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

It is a great honour to serve as the Chairman of the Board of Russia’s leading gold producer. The appointment of an independent Chairman is another step in the implementation of the high corporate governance standards previously adhered to by Polyus Gold International Limited.

Polyus has already made excellent progress bolstering its status as a public company. We have recently upgraded the Company’s listing to Level 1 on MOEX and have appointed a new Board, which includes independent members. The Board is committed to applying a robust corporate governance framework, drawing on our collective experience stewarding successful international businesses.

Mr. Edward Dowling, Chairman of Polyus

In both London and Moscow, Polyus Gold is the largest listed gold producer by market capitalisation, gold output and reserves. The Company is a constituent of the STOXX Europe 600 Index, the FTSE Global Equity and the FTSE All World Equity Index Series, the FTSE Gold Mines.

Key financial and operating indicators.
Example of the table’s title

Production.
Example of title in 2 rows
2014 2013 avg.
Gold production (koz) 1,696 1,696 3%
Gold sold (koz) 1,691 1,691 4%
Average realised gold price (excl. effect of Strategic
Price Protection Programme)
1 ($/oz)
1,275 1,275 8%
Average realised gold price (incl. effect of Strategic
Price Protection Programme) ($/oz)
1,300 1,300 6%
Total revenue, $ mln 2,239 2,239 4%
Operating profit, $ mln 846 846 281%

Polyus Gold International is the largest gold producer in Russia and one of the top 10 gold miners globally by ounces produced

Andrew Melnikov, lead engineer

Polyus Gold International is the largest gold producer in Russia and one of the top 10 gold miners globally by ounces produced

Andrew Melnikov, lead engineer

Polyus Gold main factors

0 million ounces Of proven and probable gold reserves underpinning the Polyus Gold’s strong growth profile (3% increase in gold production in 2014 to 2013)
0 operating mines Our principal operations are located most prolific gold mining provinces in Eastern Siberia and the Far East

Polyus Gold main factors

0 млн унций золота
0 Содержание золота
0 млн унций золота
0 Содержание золота
ЗИФ-5. Новые горизонты Благодатного
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Forward-looking statements

The information on this website, including information included or incorporated by reference, may contain certain forward-looking statements with respect to Polyus Gold International Limited. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements often use words such as "anticipate", "target", "expect", "estimate", "intend", "plan", "goal", "believe", "aim", "will", "may", "would", "could" or "should" or other words of similar meaning or the negative thereof. Forward-looking statements include statements relating to the following: (i) future capital expenditures, expenses, revenues, economic performance, financial conditions, dividend policy, losses and future prospects; (ii) business and management strategies and the expansion and growth of the operations of the Polyus Gold International Limited; and (iii) the effects of government regulation on the business of the Polyus Gold International Limited. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of any such person, or industry results, to be materially different from any results, performance or achievements expressed or implied by such forward-looking statements. These forward-looking statements are based on numerous assumptions regarding the present and future business strategies of such persons and the environment in which each will operate in the future. Given these risks and uncertainties, potential investors should not place any reliance on forward-looking statements. All subsequent oral or written forward-looking statements attributable to Polyus Gold International Limited or any persons acting on their behalf are expressly qualified in their entirety by the cautionary statement above. Polyus Gold International Limited does not undertake any obligation to update publicly or revise forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent legally required.

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