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KM Financial Solutions | Owners of Russia’s Promsvyazbank subordinated debt face write-off risks
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Owners of Russia’s Promsvyazbank subordinated debt face write-off risks

14 Dec Owners of Russia’s Promsvyazbank subordinated debt face write-off risks

Posted at 14:53h in News by
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MOSCOW, Dec 15 (Reuters) – Up to $1.13 billion worth of
subordinated bonds held by investors in Russia’s Promsyvazbank
are at risk of being written off if the central bank follows the
precedent set by previous bailouts this year.

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