US offshore investors flock to STLC as proxy for Russian state
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Emerging MarketsCEE

US offshore investors flock to STLC as proxy for Russian state

Moscow Russia 230px

Russia’s State Transport Leasing Co, also known as GTLK, printed a $550m Reg S bond on Wednesday from a book of more than $1.3bn, with a surprisingly high proportion of US offshore demand.

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