Rivals question Eurotorg spread over sovereign
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Emerging MarketsCEE

Rivals question Eurotorg spread over sovereign

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Belarusian food retailer Eurotorg tightened price guidance on Wednesday for a $300m-$350m bond to 9.125%-9.25%. Syndicate officials away from the deal said that level was much wider than they expected for the note but a lead manager has launched a staunch defence of pricing.

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