UPDATE 1-Russia's Novatek, Vimpelcom jump in bond mkt window
* Novatek raises $1.25 bln with Eurobond issue
* Vimpelcom's Eurobond's book gets $7.5 bln demand
* More Russian companies, banks to follow -- analysts
(Adds details, analysts quotes, releads)
By Katya Golubkova and Oksana Kobzeva
MOSCOW, Jan 27 (Reuters) - Russian companies are rushing to borrow from the global debt market, raising almost $4 billion since the start of the year, amid worries that a worsening of euro zone woes could soon choke off supply, analysts say.
Novatek NOTK.MM, Russia's largest independent gas producer, on Thursday raised $1.25 billion in a dual tranche Eurobond issue, attracting investors with a less-than-expected yield of mid-swaps plus 312.5 basis points. [ID:nLDE70Q256]
Novatek followed recent issues by state development bank VEB, steel pipes producer TMK (TRMK.MM), Bank of Moscow (MMBM.MM) and Vimpelcom (VIP.N). [ID:nLDE70I1U2] [ID:nLDE70J1E4] [ID:nLDE70Q0QG] [ID:nLDE70P14G] [ID:nLDE70Q0EV]
Analyst say the bonds are priced attractively, with the issuers willing to offer a good bonus to investors in expectation that Europe's fiscal woes could soon cut investors' risk appetite, as happened at the end of last year.
Last year, Novatek postponed its up to $1.5 billion Eurobond issue, despite major acquisition plans, following Russia's decision to put on hold its first-ever rouble Eurobond due to Europe's fiscal problems. [ID:nWLA0182]
"The beginning of the year seems positive, there is a lot of money in the markets and companies are using this. The boom will last during the first quarter," said Vadim Khanov, a trader with Gazprombank.
Mikhail Galkin, an analyst with VTB Capital, said he saw major Russian banks and resource companies following recent issues.
Russian Railways and agricultural sector lender Rosselkhozbank are seen as next in line along with regular borrowers like oil major LUKOIL (LKOH.MM) and gas export monopoly Gazprom (GAZP.MM).
Russia's state development bank VEB said on Thursday it could borrow in pounds, yen, euros, dollars and Swiss francs this year, which could help the bank to diversify its investor base and get a better price. [ID:nLDE70Q09L]
Vimpelcom, among Russia's top-3 mobile companies, placed a $1.5 billion two-tranche Eurobond late on Wednesday with the yield of mid-swaps plus 425 basis points.
"Vimpelcom gave a bonus of 25-30 basis points to its yield curve... as it needs funds for acquisitions and understands that investors take into account such risks as shareholders conflict," said VTB Capital's Galkin.
Vimpelcom -- which needs funds for a potential takeover bid worth more than $6 billion of Egypt's Orascom Telecom (ORTE.CA) and Italy's Wind -- attracted a combined book of $7.5 billion for its dual tranche Eurobond, IFR reported on Thursday.
(Writing by Katya Golubkova; Editing by David Cowell)
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