Uralkali picks bookrunners but break with Belarus puts bond plans in doubt
Russian potash producer Uralkali has chosen four bookrunners for a bond deal, said debt bankers. But the company’s recent announcement that it will leave a joint venture with Belarusian Potash Company has caused sharp losses across the fertiliser sector in both bond and equity markets. Any prospective deal will have to wait until after the fallout has cleared.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: