UBRD closes tier two, bookrunners confident after Bashneft roadshow

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UBRD closes tier two, bookrunners confident after Bashneft roadshow

Ural mountains

Ural Bank for Reconstruction and Development closed a small tier two deal on Monday afternoon. The uncertain backdrop is preventing benchmarks but Russian compatriot Bashneft found investors receptive on its recent roadshow, and its debut Eurobond will be well supported when it comes, said bankers.

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