Russia To Help Large Borrowers As S&P Mulls Junk Rating

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Russia To Help Large Borrowers As S&P Mulls Junk Rating

(Reuters) – Russia’s central bank offered on Wednesday to help top exporters refinance heavy foreign debts next year, expected to be one of the toughest of President Vladimir Putin’s 15-year rule for the economy due to Western sanctions and a plunge in oil prices. The bank said it would help major Russian companies to refinance foreign…

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