Metalloinvest shows how relationships matter
The boom in commodities prices has made resource-rich companies the darling of the capital markets once again — and Russian iron ore producer Metalloinvest is no exception. In April it signed the largest pre-export financing deal from the country since the financial crisis began in 2007 and followed that up in July with a benchmark bond executed at the height of market turmoil prompted by the eurozone debt crisis. Rachel McGovern reports.
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