New sanctions rock Russian loan market

Moscow Russia 230px
By Jon Hay
12 Apr 2018

Loans bankers are struggling to digest the implications of the new round of US sanctions on Russian oligarchs and companies, announced by the Treasury on April 6.

“We are just going through the relationships we have with local corporates and various meetings are being held,” said a banker at one firm who works on Russian loans. “There are prominent names there and owners of large businesses.”

Another said: “I’m not sure I’m any more up to ...

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