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Alrosa Bond Issue Gets Market Attention
Diamond producer looks for the big bucks...
Finance companies ING and JP Morgan were selected by ZAO ALROSA to organize a Eurobond issue.
The company had made repeated statements that it was going to issue $300mln worth of Eurobonds with a 7-10 year maturity (preferably, a 10-year issue).
In 2004 ZAO ALROSA plans to issue $1bln worth of bonds.
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