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Published on 7/25/2008 in the Prospect News Emerging Markets Daily.

Russia's LSR Group prices 5 billion ruble bonds

By Aaron Hochman-Zimmerman

New York, July 25 - LSR Group (B1//B+) announced the pricing of a 5 billion ruble bond, according to a press release.

Proceeds from the Regulation S issue will go to refinance debt and fund investment projects.

LSR is a St. Petersburg-based construction company.


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