ECM outlook: Russia unlikely to coax back issuers

By Andrew Griffin
16 Apr 2014

Plunging markets in Russia mean there could be no listings in the country for the rest of the year, bankers said this week. Government attempts to persuade issuers to bring their primary listings back to the country will fail, bankers said as tensions between the country and Ukraine increased.

Secondary market valuations were dragged down again on Monday as the trouble between Ukraine and Russia was further inflamed by the refusal of pro-Russian forces to stand down, as a deadline set by the Kiev government passed.

That sort of volatility in secondary valuations means that primary market ...

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