Russian PXFs: Flight to paper?

In:

Metals and Mining, Oil & gas

Region:

Europe

Callum Burroughs

Reporter

Russian corporates are continuing a re-evaluation of their funding mix following a spate of post-sanctions unsecured loan firsts in 2017. A number of commodities-linked borrowers are repricing existing structured trade facilities, but the unsecured trend is now spreading to the bond market.

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