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Bank of Moscow mandates Barclays, JP Morgan for dollar-denominated benchmark bond offering
By Paul A. Harris
St. Louis, April 26 - JSCB Bank of Moscow has mandated Barclays Capital and JP Morgan to lead a benchmark-sized offering of dollar-denominated senior loan participation notes (expected ratings Baa1//BBB-), according to a market source.
The Rule 144A and Regulation S transaction could price as early as the first week of May.
The Russian financial institution plans to issue the notes via special purpose vehicle Kuznetski Capital SA.
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