Bloomberg News

Russian Government May Issue Convertible Debt to Aid Asset Sales

By Lyubov Pronina
October 31, 2011

Oct. 31 (Bloomberg) -- Russia’s government may issue sovereign bonds convertible into shares of state-controlled companies to help the country’s asset-sale program, Arkady Dvorkovich, chief economic aide to President Dmitry Medvedev, told reporters in Moscow today.

To contact the reporter on this story: Lyubov Pronina in Moscow at lpronina@bloomberg.net

To contact the editor responsible for this story: Paul Abelsky at pabelsky@bloomberg.net

Business Exchange: What your peers are reading.

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus