Before EU foreign ministers decided to put Alfa Bank on a list of sanctioned entities last Friday, the largest private bank in Russia was planning to issue fresh bonds to add to the $4.3 billion it had already raised out of Dublin. The prospectus issued to prospective investors over the Christmas holidays noted that its Irish special-purpose vehicle Alfa Bond Issuance PLC had already applied to have the securities listed on Euronext’s Dublin exchange. The paperwork was completed by a unit of Alfa Bond Issuance’s legal adviser, the blue-chip Dublin law firm Arthur Cox. Now the law firm is one…

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