US sanctions rock Russia: loans pulled, bonds shut down

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US sanctions rock Russia: loans pulled, bonds shut down

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Russia’s debt markets were plunged into darkness on Thursday as a fresh wave of US sanctions sent loans and bond bankers scrabbling to decipher the impact on deals. Live loans for Gazprombank and a Rosneft-linked facility have already been declared dead by some lenders, but bond bankers remain more hopeful.

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