Europe
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Sanctions and efforts to keep foreign currency in Russia make servicing loans nearly impossible -
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Gazprom and Rosneft paid in dollars, but uncertainty clouds next batch of Russian coupon payments
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The central bank likes to be seen as the guardian of markets. Someone should remind Lagarde’s speech writers
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Citi is still ‘supporting corporate clients in Russia’ but questions are raised over sustainability of Moscow offices
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An issuer could be viewed as in default even if investors agree to a rouble payment, said one agency
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SSA bankers prepare for volatility as major funding programmes wrap up
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Apoorva Shah brings wealth of international experience to UK corporate finance team
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Bondholders are hopeful of a Swiss franc payment after Gazprom met a similar obligation this week
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The US firm is the first major Western investment bank to state its intention to leave
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The market ‘lacks conviction’, which should support covered bond supply next week
