Russia woos new investors with dual tranche increase

By Michael Turner
21 Sep 2017

Russia tapped its dollar denominated June 2027 and 2047 bonds on Wednesday, with a lead saying that many names new to the sovereign had bought into the debt reopening.

It was an all domestic affair on the bookrunning side, with Gazprombank, Sberbank CIB and VTB Capital leading the trade.

The Ba1/BB+/BBB- rated name began marketing the tap of its $1bn 4.25% 2027s at a yield of 3.98% to 4.03% and the tap of its ...

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