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. Last Updated: 07/27/2016

Diamond Mandate Set

LONDON () -- Almazy Rossi-Sakha, one of Russia's biggest diamond producers, has awarded NatWest Markets the mandate to raise $500 million of funding over the next two years to finance exploration and development, a statement from NatWest said.

"The transaction is seen as a landmark for ARS as it will be the company's inaugural foray into the international capital markets," the statement said.