Gazprom leaves US investors begging for more with book twice subscribed

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Gazprom leaves US investors begging for more with book twice subscribed

Gazprom’s potentially market re-opening $700m one year bond has been twice subscribed. US investors have even been calling the company to complain about being scaled back in the allocation process on the Reg S/144A deal, signalling a u-turn in investor appetite for Russian risk.

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