Support The Moscow Times!

Russia's Largest Bank Alfa Bank Plans Eurobond Issue in Dollars, Sources Say

Alfa Bank

Russia's largest private bank, Alfa Bank, is planning to issue subordinated Eurobonds in U.S. dollars, two sources close to the plans said Wednesday.

Alfa Bank said in August it was planning to issue subordinated Eurobonds worth at least $500 million in September, but suggested at the time that the issue depended on market conditions.

… 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.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more