Russia Said to Face Eurobond Setback as Many Banks Shun DealBy and
No suitable underwriter has been found, officials say
All but two Western banks have avoided the deal, official says
Russia hasn’t been able to line up a suitable lead manager for a planned $3 billion Eurobond because of U.S. and European Union pressure on major banks not to participate, meaning the high-profile sale is likely to be delayed or even shelved, senior officials said.
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