Support The Moscow Times!
Contribute today

Bank Issues Eurobonds

By The Moscow Times

Russian Agricultural Bank, or Rosselkhozbank, raised 10 billion rubles ($334 million) via a five-year eurobond issue, pricing the deal at the lower end of initial guidance of 8.63 percent, two banking sources said Tuesday.

The lender, Russia's fourth largest by assets, was guiding investors toward a yield of 8.625 percent to 8.75 percent for the ruble eurobond issue.

Rosselkhozbank was following in the steps of Russia's top lender Sberbank and state development bank VEB, which reopened the eurobond market for local borrowers earlier this month, raising $2.5 billion in total. Sberbank is also looking into the possibility of issuing a eurobond denominated in Swiss francs, a source said Monday.

(Reuters)

… 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.

Continue

Read more

‘Foreign influence’ bill

Georgian Police Arrest Russian Man at Anti-Government Protest – Reports

Local media reported that Andrei Rautberg is among six “violent” protesters who were arrested at rallies between mid-April and early May.
2 Min read
road accident

Passenger Bus Plunges Into St. Petersburg River, Killing 4

Surveillance video shared by police showed the bus making a U-turn and crashing through a bridge railing before nosediving into the water.
1 Min read
ongoing fighting

Russia Launches New Ground Offensive Against Northeastern Ukraine

"At approximately 5:00 a.m. the enemy attempted to break through our defense line under the cover of armored vehicles," Kyiv said.
1 Min read
technocratic choice

Russian Lawmakers Approve Mishustin’s Return as PM

The State Duma voted 375-0 in favor of Mikhail Mishustin’s reappointment, a sign the Kremlin is banking on continuity and stability.
3 Min read