Captive demand helps EuroChem slash pricing on $500m deal
![eurochem230x150.jpg](https://assets.euromoneydigital.com/dims4/default/ed7cc11/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fa4%2F83%2F07d3315a21d31f9fd31bf86d9e2e%2Feurochem230x150.jpg)
EuroChem tightened pricing for its $500m bond by 45bp in what the issuer described as the lowest ever dollar coupon for a non-investment grade Russian borrower.
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