No end to RFPs from Russian companies
The funding requests from Russian companies continue to roll in, and the deal pipeline for September continues to swell, even though bankers say country limits are shrinking. This time, telecoms operator Vimpelcom is looking to return to market for $1bn, and one of the biggest names in Russia, oil and gas company Gazprom, is understood to be sounding out banks on a deal. Rival Lukoil is putting together its second $1bn loan of the year, and miner United Company Rusal is still in talks with banks about a $3bn refinancing. Read EuroWeek on Friday to find out how bankers think the market can cope with this continued supply of loans from Russia.
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