PwC says Russian firms Jan–May Eurobond borrowing equals 2016

June 14, 2017 - Prime

 

Russian companies borrowed U.S. $12.9 billion worth of Eurobonds through 23 deals in January–May, almost flat on $13 billion they raised in the whole 2016, international consulting company PwC said in a research note on Tuesday.

In 2015, Russian companies borrowed $5.162 billion via Eurobonds in 10 deals, while in 2014 the companies struck 24 deals and raised $10.354 via Eurobonds. In 2013, the deals reached 81 with the raised funds amounting to $46.452 billion, PwC said.

But the note said that the report contains data on selected issues of Eurobonds by Russian companies and does not contain issues of sovereign bonds, so it is not a complete list of deals. PwC gathered information on issues through public sources and sources provided by Cbonds and BofA Merrill Lynch Global Research, PwC said.
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