Uralchem to use dividends from Uralkali to reduce debt load

28.10.2021
Uralchem to use dividends from Uralkali to reduce debt load

Uralchem welcomes the resolution by Uralkali Board of Directors recommending the special annual shareholder gathering, which is set for November 1, 2021, to approve dividends for the first nine months of year 2021 on the company's preferred stock. Uralchem, in turn, plans to use the funds received to reduce its debt load to Russian creditors ahead of schedule.