Reuters quoted Gazprombank said Novolipetsk Steel, Russia fourth largest steelmaker has revised its yield guidance for an upcoming seven year Eurobond issue to around 5.125%.

IFR Thomson Reuters news and market analysis service said earlier on Wednesday that initial yield guidance was set at 5.375%.

Russian borrowers raised over USD 32 billion through Eurobond deals so far this year more than for the last year as a whole.

Source - Reuters

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