RosinterBank seeks dim sum amid political turmoil

Mid-sized Russian lender plans to issue a Rmb500m bond in August amid geopolitical tensions and economic sanctions on Russia.

RosinterBank seeks dim sum amid political turmoil

RosinterBank is meeting investors in Hong Kong for a proposed Rmb500 million $82 million debut renminbi-denominated bond offering, which would be the first from a Russian privately owned company.

The move comes at a highly sensitive time for Russian sentiment following the country’s escalating crisis with Ukraine and the tensions surrounding the shooting down of Malaysia Airlines Flight 17.

RosinterBank, a mid-sized lender, may find issuance difficult as bond...

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