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Trans-Oil Seeks to Calm Bond Investors Rattled by Ukraine Report

Trans-Oil Seeks to Calm Bond Investors Rattled by Ukraine Report
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Trans-Oil Seeks to Calm Bond Investors Rattled by Ukraine Report Trans-Oil Group is organizing calls with bondholders rattled by a report alleging that the founder of the Moldovan grains company breached sanctions on Iran. The firm’s bonds plunged this week following publication of the report by Ukrainian media outlet Ukrainska Pravda, prompting fixed-income fund managers to contact the company to arrange meetings, according to people familiar with the matter, who asked not to be identified...

Trans-Oil Seeks to Calm Bond Investors Rattled by Ukraine Report Trans-Oil Group is organizing calls with bondholders rattled by a report alleging that the founder of the Moldovan grains company breached sanctions on Iran. The firm’s bonds plunged this week following publication of the report by Ukrainian media outlet Ukrainska Pravda, prompting fixed-income fund managers to contact the company to arrange meetings, according to people familiar with the matter, who asked not to be identified because the discussions are private.
Trans-Oil Seeks (ORG) Calm Bond Investors (ORG) Ukraine (LOCATION) Trans-Oil Group (ORG) Moldovan (ORG) Iran (LOCATION) Ukrainian (ORG) Ukrainska Pravda (ORG)
Originally published by Bloomberg Markets Read original →