Russian thaw progresses as Nomos returns
A second privately owned Russian bank in as many months successfully tapped the international market this week, when Nomos sold $200m of three year notes at par on Wednesday to yield 9.25%.
Observers said it was positive to see a Russian bank tapping the international market.
"It’s interesting to see the next tier of Russian banks in the market doing deals," said one emerging markets banker. "It’s definitely a positive sign."
Nomos went to market to refinance an outstanding $200m issue ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
