Worth the wait: Russia offers cheap five tranche CEEMEA record breaker

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Worth the wait: Russia offers cheap five tranche CEEMEA record breaker

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The Federation of Russia is bringing the largest number of tranches ever for a CEEMEA Eurobond deal on Monday — it is pricing a triple tranche dollar trade and a dual tranche euro deal. Each note is expected to be of benchmark size and bankers away from the deal are still expecting a $7bn Eurobond in total.

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