Metalloinvest set to issue today despite turmoil
Metalloinvest, the Russian iron miner, plans to issue its debut bond today, and has released price guidance at mid to high 6%. If the company issues today, it will be the first Ceemea borrower to brave the Eurobond market with a benchmark deal for over a fortnight – and it will contrast sharply with the fate of issuance in Western Europe, where even Anglian Water’s unambitious £200m bond exchange had to be abandoned.
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