Russian Railways fixes maturity for green bond debut

russian railway 230px
By Francesca Young
15 May 2019

Russian Railways has told investors that it is focusing on an eight year tenor for its euro green bond, with pricing for the benchmark expected "as early as tomorrow." The deal will be the first international green bond from the country.

JP Morgan, UniCredit and VTB Capital are arranging the euro deal. Investor meetings for the bond finish on Wednesday, and have been taking place across Europe since Monday.

Leads said before the roadshow started that the deal would have a maturity between seven and 10 years.  ...

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