Support The Moscow Times!
Contribute today

Alfa Bank Plans $500 Million Eurobond Float Despite Ukraine Tensions

By The Moscow Times

Russia's largest private bank Alfa Bank plans to issue subordinated eurobonds worth at least $500 million in September, the bank's chief managing director told journalists Tuesday.

"We want [to do this] in September … but the question is how the situation will develop in September," Alfa Bank's Alexei Marei said at a news conference. "If there is a deal then it will be  more than $500 million."

See also:

Cash-Strapped Russian Budget Plans Raid on Central Bank Profits

Read more

‘RESTAURANT GENOCIDE’

Moscow Restaurateurs Prepare for Lockdown Losses

Rising numbers of Covid-19 deaths and cases have pushed city authorities to close restaurants for all but deliveries for 10 days.
bubbling up

Russia to Delay Champagne Label Law by 2 Months – France

Only Russian producers of sparkling wines can use the term in Cyrillic, a move that caused outrage in France's Champagne region.
a laughing matter

Under Growing Pressure, Russian Stand-Ups Vow to Joke On

As stand-up comedy booms in a country where people are hungry for humor that is not tightly controlled, comics are increasingly targets for the authorities...
SCYTHIAN GOLD

Dutch Court Says Crimean Gold Treasure Must Return to Ukraine

Both Moscow and Kiev claimed ownership of the precious artifacts dating back to the 2nd century B.C. after Russia annexed the Black Sea peninsula.

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.