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Perspective
28 January 2019

Russian PXFs: How low can they go?

Region:
Europe
Reporter
Many Russian pre-export finance (PXF) borrowers pulled off another year-on-year reduction in margins in 2018. And with no obvious tightening of local liquidity, and too many lenders chasing too few opportunities, Russian PXF arrangers look set for another margin battle in 2019.

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