DATE:
10/08/2010
Belarus is seeking to raise $400 million from the reopening of a recent 2015 issue, The Wall Street Journal reports. Belarus, which separates Russia from the European Union's Baltic region, initially raised $600 million last month.
The new notes, which carry a coupon rate of 8.75%, are also due to mature in 2015. The sale was managed by BNP Paribas, Deutsche Bank, Royal Bank of Scotland and Sberbank.
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