Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Sistema Eyes Bank Loans

AFK Sistema will only borrow to finance specific deals as it seeks to further reduce debt this year, chief financial officer Alexei Buyanov said Wednesday.

“Borrowing this year will be subject to viable transactions,” Buyanov said.

“We are looking at all instruments” for raising money, he said. “Right now, we think the more attractive is credit straight from banks.” Sistema’s 19 billion rubles ($646 million) of bonds putable in November 2012 yielded 7.49 percent at 1:48 p.m. in Moscow on Wednesday, unchanged from Tuesday and the lowest this year. 


… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

paiment methods
Not ready to support today?
Remind me later.

Read more