G-Neft to test Russian retail bid

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G-Neft to test Russian retail bid

Oil group Gazprom-Neft is set to launch a $1.35bn pre-export financing loan into general syndication this week, becoming the first Russian commodities borrower to target retail investors this year. Large banks’ appetite for Russian assets has been strong for months. But bankers say a return of the retail bid would greatly help the country’s loan market. Read more on Friday.

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