You're reading: Bloomberg: Putin premium drives Eurobond market back to pre-sanctions level

When Dmitry Mints, the chairman of Russian developer O1 Properties, visited New York to market Eurobonds last month, not one investor asked him about sanctions.

The company was among four borrowers including the government that made September the busiest month for global bond offerings out of Russia since June 2014, setting the stage for what UBS Group AG predicts will be a revival in sales that dried up when penalties were imposed over Vladimir Putin’s role in the Ukraine crisis the following month.

 

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