RE: New Bond terms21 Jun 2019 14:57
Hello RetiredBanker,
I note your detailed , welcome, comments about spreads over government (Russian?) bonds and "Gazprombank, J.P. Morgan, Renaissance Capital and VTB Capital are acting as Joint Bookrunners in connection with the Offering." Would it be usual for a joint bookrunner such as J.P.Morgan to have a reasonable view about the bond spread?
For the avoidance of doubt, perhaps naively, I think conspiracy theories are most often wrong.