Source: U.S. Department of the Treasury – OFAC
The Office of Foreign Assets Control (“OFAC”) of the US Department of the Treasury extended the expiration dates of three general licenses related to EN+ Group PLC, JSC EuroSibEnergo, and United Company RUSAL PLC, by issuing General License No. 13J – Authorizing Certain Transactions Necessary to Divest or Transfer Debt, Equity, or Other Holdings in Certain Blocked Persons; General License No. 14E – Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts with United Company RUSAL PLC; and General License No. 16E – Authorizing Certain Activities Necessary to Maintenance or Wind Down of Operations or Existing Contracts with EN+ Group PLC or JSC EuroSibEnergo.
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