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Published on 6/27/2007 in the Prospect News Emerging Markets Daily.

Russian Oblast of Samara announces 5 billion ruble five-year senior unsecured issue

By Aaron Hochman-Zimmerman

New York, June 27 - The Oblast of Samara region of Russia announced plans to issue 5 billion ruble five-year senior unsecured notes (Aa1.ru) with a fixed coupon.

The local economy is still subject to the deteriorating financials of AvtoVAZ, a local car manufacturer, and Samaraneftegaz an oil producer.


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