Russian retailer Lenta eyes first sector deal in two years

Russian food retailer Lenta Group has approached banks about a syndicated loan of up to Eu200m, raising the prospect of the country’s first deal from the sector in almost two years, said bankers on Thursday.

  • 19 Feb 2010
The company is understood to have begun informal discussions last month, but talks have progressed in the last week. "We are trying to get internal approval for this," said a banker at a European house. "There are a lot of problems. It’s from an unfancied sector and it ...

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