Sibanthracite scores dual currency loan as Russian borrowers eye euros
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Sibanthracite scores dual currency loan as Russian borrowers eye euros

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Siberian Anthracite, the largest producer of anthracite coal in Russia, has closed a dual currency loan refinancing, adding a large euro chunk to its existing dollar debt. The deal points to a growing inclination towards euro funding among Russian borrowers in a bid to avoid operational and sanction-related obstacles, say bankers.

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