Reply To: Russia will ban Western companies from exiting investments as BP and others dash

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March 15, 2022 9:34 pm at 9:34 pm #2069627
Gadolhadorah
Participant

I would have thought that some of the more agressive “vulture funds” might start buying up the “distressed” debt of publicly traded Russian corporations and even some of the state-owned enterprises that are trading for pennies on the dollar. However, the U.S. and UK sanction language is so broad that it could be interpreted as prohibiting trading even in the secondary market so I’ve not seen any indication of anyone willing to take the risk.