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Published on 4/18/2013 in the Prospect News Emerging Markets Daily.

Russia's Magnitogorsk Iron and Steel considers new eurobond offering

By Christine Van Dusen

Atlanta, April 18 - Russia's OJSC Magnitogorsk Iron and Steel Works (MMK) is considering an offering of eurobonds, a market source said.

The company has reportedly hired banks for the deal, but no further details on the mandate were immediately available on Thursday.

The company is a steel producer based in Magnitogorsk, Russia.


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