Reuters logo
Russia's Sberbank hires banks for Turkish lira Eurobond-source
February 19, 2013 / 11:57 AM / 5 years ago

Russia's Sberbank hires banks for Turkish lira Eurobond-source

MOSCOW, Feb 19 (Reuters) - Sberbank, Russia’s top lender, has hired banks to arrange meetings with investors to test market interest towards possible Eurobond issue denominated in Turkish liras, a banking source told Reuters.

He added that Sberbank has mandated HSBC, JP Morgan and its own investment banking unit Sberbank CIB to arrange a series of investor meetings in London on Feb 20. The deal, if happens, would be a first of such kind for Sberbank.

Last year, Sberbank acquired Turkish DenizBank as a part of its goal to transform into the global financial institution. (Reporting by Katya Golubkova; Editing by Douglas Busvine)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below