Russia's Renaissance Credit sets talk at 103 for dollar tap of 13½% notes due 2018

By Christine Van Dusen

Atlanta, Feb. 11 - Russia's Renaissance Credit Group - through Renaissance Consumer Funding Ltd. - set price talk at 103 for a planned tap of its 13½% notes due in June of 2018, a market source said.

Goldman Sachs is the bookrunner for the Regulation S-only deal.

The notes are expected to price this week.

Renaissance Credit is a financial services company based in Moscow.

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