Russian market-opener MDM finalising pricing
Arrangers of a $175m facility for MDM Bank, the Russian privately-owned lender, are fine-tuning details on fees and tickets this week as the deal nears launch in early September. The five lead banks, mandated on Tuesday, will be testing the loan market’s appetite for Russian bank risk in the first such syndication this year. Read on for more analysis on the pricing and timing, and the market’s reaction.
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