You're reading: Bloomberg: The curious case of the Russian money-losing eurobond buybacks

Bloomberg: The curious case of the Russian money-losing eurobond buybacks

By Bloomberg.
A picture taken in Moscow on May 6, 2016 shows the Gothic-turreted The Saviour's (Spasskaya) Tower and the Saint Basil's Cathedral (L) on the northeastern side of the citadel, bordering the Red Square.
Photo by AFP

For some Russian companies, buying back debt at a loss makes perfect sense right now.

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