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AVTOVAZ places 2 commercial papers series

      RBC, 26.03.2008, Moscow 19:32:24.AVTOVAZ has placed its commercial papers today, the company indicated in official documents. The Russian car producer placed a total of 2m commercial papers of two series with a par value of RUB 1,000 (approx. USD 42.19) each for a total of RUB 2bn (approx. USD 42.2m) by public subscription.

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