Russian telco Megafon (MCX:MFON) has launched a Rbs10bn (US$155.6m) bond offering, with proceeds to be used for general corporate purposes, including refinancing existing debt. Earlier this week, Moody’s confirmed Megafon’s Ba1 corporate family and Ba1-PD probability of default ratings, saying “Russia’s economy has exhibited resilience to the fresh drop in oil prices early this year …” Russian […]