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Published on 12/4/2015 in the Prospect News Emerging Markets Daily.

EM-focused Eastern Property to issue up to $50 million bonds due 2024

By Christine Van Dusen

Atlanta, Dec. 4 – Russia-focused Eastern Property Holdings Ltd. is looking to issue up to $50 million of 6¾% bonds due in 2024, according to a company announcement.

Valartis Bank is the bookrunner for the deal.

Other details were not immediately available on Friday.

Eastern Property is a Swiss-listed, British Virgin Islands-based real estate development and investment company focusing on Russia. It is managed by Valartis International Ltd., a wholly owned subsidiary of Valartis Group AG.


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