OFAC: US sanctions vs Russia put no limits on old bond, loan yield

MOSCOW, May 25 (PRIME) -- The U.S. sanctions introduced against Russian companies and businessmen on April 6 do not forbid receipt of a yield for bonds placed before the date and for old loans, according to a statement released by the Office of Foreign Assets Control (OFAC) on Friday.

The U.S. imposed sanctions against 38 Russian tycoons, officials and companies, including Oleg Deripaska and companies under his control – En+ Group, GAZ Group, Basic Element, and UC RUSAL.

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