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Published on 3/3/2011 in the Prospect News Emerging Markets Daily and Prospect News High Yield Daily.

Russia's Home Credit and Finance Bank eyes offering of bonds

By Paul A. Harris

Portland, Ore., March 3 - Russia's Home Credit and Finance Bank LLC is conducting roadshow meetings in Europe ahead of a possible Regulation S bond deal, an informed source said on Thursday.

Citigroup and Credit Agricole CIB are conducting the meetings.

Moody's Investors Service assigned its long-term foreign-currency debt rating to the Moscow-based bank. Standard & Poor's assigned its B+ long-term credit rating.


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