Thursday 1 May 2014

Fitch Says U.S. Limiting Putin Sanctions to Help Bondholders - Bloomberg

Fitch Says U.S. Limiting Putin Sanctions to Help Bondholders - Bloomberg:



"The U.S. is holding off on sanctions against some Russian companies because it doesn’t want to hurt American holders of their debt, according to Fitch Ratings. 




“We’ve heard quite a lot of anecdotal evidence that there’s actually a lot of consultation with big investors and bondholders in terms of what sanctions might be imposed by the U.S.,” James Watson, a managing director at Fitch, told reporters today in London. “It seems there has been a significant push back on potentially sanctioning companies that have significant foreign debt.”



Fitch has spoken with investors over the past month, he said.

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