SUBSCRIBERS
Russian funds seeking higher returns from Croatian firm's distressed debt
Published Sun, Apr 16, 2017 · 09:50 PM
Washington
RUSSIAN investors are taking the global hunt for yield to the extreme.
Priced out of their own bond market by investors fleeing sub-zero yields in Europe, local banks and wealthy Russians are seeking out higher returns from the distressed bonds of Agrokor, Croatia's biggest company.
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