Financial policy
About us
We are building a world-class company, and our strategy aims both at leadership in terms of production volumes and at implementing the highest international standards in all ALROSA’s operations
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Our business
ALROSA’s business relies on a strong resource base, efficient production processes, innovative technologies and international business standards
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Sustainability
We strive to create a sustainable future by striking a balance between commercial and public interests
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Investors
We adhere to high standards of corporate governance and strive to increase our investment attractiveness by building open and respectful relationships with shareholders and the investment community.
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Clients
Our sales policy is focused on establishing long-term and mutually beneficial partnerships. We guarantee transparent and fair terms of access to rough diamonds for all customers.
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ALROSA Diamonds
We fully control the journey of the diamond, from the mine to the cutting factory, and guarantee the natural origin of our diamonds. ALROSA diamonds are always natural with unmatched cutting quality.
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Diamond jewelry
Our jewelers carefully preserve the age-old traditions of Russian jewelry, supplementing them with the latest technical achievements and following fashion trends. There are only natural diamonds in our jewellery.
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Media
We are always happy to talk about our activities and answer reporters’ questions
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Financial policy

 Main PageInvestorsFor debt investorsFinancial policy

The Company is committed to a balanced liquidity management strategy to support and develop its operations. Its primary liquidity sources are cash and liquid financial instruments, as well as guaranteed and non-guaranteed credit facilities.

When defining optimal debt level, the Company targets the last twelve months net debt1 to EBITDA2 ratio of 0.5x—1.0x.

The Company also seeks to minimise the weighted average cost of capital3 through an optimum debt to equity balance.

To minimise the cost of borrowing, the Company seeks to remain active in debt capital markets and meet its target financial and economic metrics required to maintain an investment-grade credit rating (BBB- or above as per S&P rating agency scale), including an the last twelve months net debt / EBITDA ratio at 1.5x or below.

Key borrowing terms are:

— currency — US dollars;

— weighted average maturity 

— 3-4 years.

1 Net debt is total debt less cash and cash equivalents.
2 EBITDA is the Company’s earnings before interest, taxes, depreciation and amortisation.
3 Weighted average cost of capital (WACC) is the cost of equity and debt used to finance the Company’s activities.
News
АLROSA Receives Expected eAAA(RU) Credit Rating for New Bond Issue
7 Sep 2026
ACRA Affirms ALROSA’s AAA Credit Rating
30 May 2025
ALROSA announces completion of replacement bond issue in respect of US$500,000,000 3.1% guaranteed notes due 2027
16 Jul 2024
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