Order Books for Eurobonds Opened | Business | The Moscow Times:
"The Finance Ministry opened order books Monday on dollar- and euro-denominated eurobonds after postponing the placement several times this year citing unfavorable market conditions.
The Finance Ministry plans to issue a three-tranche dollar-denominated eurobond and a two-tranche euro-denominated eurobond, one of the issue organizers and another source close to the placement said.
No size was specified, but the government has said it wanted to raise a total of $7 billion on international markets this year.
Fears of spillover effects from the withdrawal of unprecedented U.S. monetary stimulus have made borrowing more expensive in recent months, suggesting that Russia may in the end pay a price for waiting."
'via Blog this'
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