Bring on bilaterals: VTB chief dismisses Russian syndicated loans
Yuri Soloviev, global chief executive of VTB Capital, says Russian syndicated loans are unattractive and the market is unlikely to return to its pre-crisis glory days. Speaking to EuroWeek in Hong Kong, he said Russian borrowers could be wary of foreign lenders in the short term because of how quickly they fled during 2007/09 financial crisis.
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