Russian thaw progresses as Nomos returns

11 Dec 2009

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.

Free Trial

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.