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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.

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