Russia's Sberbank seeks up to 1 bln euros in 5-year eurobond issue - source

MOSCOW, June 11 Wed Jun 11, 2014 4:00am EDT

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MOSCOW, June 11 (Reuters) - Russia's largest bank Sberbank is looking to raise up to 1 billion euros ($1.36 billion) in a five-year eurobond issue, a banking source told Reuters.

RIA news agency reported earlier on Wednesday that Sberbank had appointed several European investment banks to arrange the issue. Sberbank declined to comment. ($1 = 0.7345 Euros) (Reporting by Elena Orekhova; Writing by Alexander Winning; Editing by Mark Trevelyan)

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