Support The Moscow Times!

Rosselkhozbank Gets $450M

Russian Agriculture Bank, or Rosselkhozbank, raised $450 million to top up its outstanding eurobond maturing in 2017, IFR, a Thomson Reuters news and market analysis service reported.

The state-owned Rosselkhozbank, the country's No. 4 by assets, raised $500 million in June, adding another $350 million later that month. Initially, the top-up was expected to come in at $150 million, a banking source told Reuters on Thursday.

Russian borrowers have raised more than $30 billion via eurobond issues so far this year, more than in the last year as a whole.


Related articles:

Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.