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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.

(Reuters)

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