‘Net-Zero-by-2050’ banks line up debut USD bond for Russia’s largest coal company

Citi, Bank of America and Commerzbank are among nine lead arrangers for the deal

Citi, Bank of America (BofA) and Commerzbank are lead arrangers for an inaugural USD offering by one of the world’s largest exporters of seaborne thermal coal, despite all three having made 'Net Zero' pledges.

Russia’s largest coal producer, SUEK, has this week begun sounding out …

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