Two Russian companies join in shaky PXF flurry

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Two Russian companies join in shaky PXF flurry

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Moscow,Russia,Red square,view of St. Basil's Cathedral | Reidl - Fotolia

Two new Russian commodity deals are in the market, following a flurry of pre-export finance (PXF) facilities earlier in the year. Unsecured formats are proving more popular, while even PXFs are less secure than they used to be.

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