SDS Ugol brings syndication back, TNK-BP inks club

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SDS Ugol brings syndication back, TNK-BP inks club

Russia’s third biggest coal exporter, SDS Ugol, will launch a $150m five year amortising loan into syndication on Friday, according to a banker close to the deal. It follows fellow Russian coal miner Suek, which has tested the retail market and met a tepid response (see separate story).

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