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Russian Railways defaulted on Eurobonds

... Russian Railways was declared in default due to non-payment of its obligations on time. The agency reports that this was due to Eurobonds that were issued two years earlier. Their value was fixed in Swiss francs, and in rubles amounted to about 22 billion ... ... yet clear how much money Western investors will be get. The threat of falling into a situation similar to the situation of the Russian Railways has already been announced by Alrosa, a Russian company engaged in diamond mining. And this is probably not the last similar statement. However, experts believe that ...

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