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Russia's Sovcomflot ready to buy back up to $400mn of Eurobond-2023
- The company is ready to buy back up to $400 million of Eurobond-2023, to finance it via new issue;
- The offer price is $1,072.25 per paper of a nominal price of $1,000;
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MOSCOW: Russia's biggest shipping company Sovcomflot says, according to Interfax news agency:
The company is ready to buy back up to $400 million of Eurobond-2023, to finance it via new issue;
The offer price is $1,072.25 per paper of a nominal price of $1,000;
Sovcomflot plans to issue 7-year Eurobond, will hold calls with investors starting from April 14, Interfax cites a source.