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Ukrainian Metal

Ukrainian Metal

Ukrainian Metal is the informational portal. We don’t sell nor buy metal, we just provide information for those who do.
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Russia: Severstal narrows guidance for 10-15-billion ruble bonds

Russian steelmaker Severstal has narrowed the coupon guidance for its 10-15-billion ruble bonds to 8.65-8.75% annually, which corresponded to an 8.84-8.94% annual yield to a 5-year buyback offer, a banking source reported. The initial guidance was set at 8.65-8.85% annually. The issue carries semiannual bonds. Technical placement is preliminarily scheduled for April 9. VTB Capital,…

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