March 2, 2010
By Rustam Botashev, Equity Analyst at UniCredit Securities
VTB Group has placed $1.25bn in 5-year Eurobonds with a 6.465% coupon, Bloomberg reports. Meanwhile both Alfa Bank and Bank of Moscow have launched roadshows aiming to sell their own Eurobonds.
Our view: Falling country risk and an improving economy have attracted credit investors back to Russia. We believe [...]
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March 1, 2010
By Marcus Williams
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Renaissance Capital, the emerging markets investment bank, has expanded its footprint into Southeast Europe after agreeing a tie-up with Serbian-based Citadel Investment Services Group.
The joint venture, named Renaissance Citadel, will cover Serbia, Croatia, Slovenia, Bulgaria, Romania, Macedonia, Bosnia and Herzegovina, Montenegro and Albania.
Peter Vanhecke, chief executive for Ukraine, has been promoted to cover [...]
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