LONDON, June 18 (IFR) - Russia's largest lender Sberbank has
hired Barclays, BNP Paribas, Deutsche Bank and Sberbank CIB
ahead of a potential euro-denominated bond offering, according
to a lead.
The state-owned bank, rated Baa1/NR/BBB, will meet fixed
income investors in a series of meetings in Europe on June 19
and 20 for a potential euro-denominated senior unsecured Reg S
The news follows a similar announcement by fellow
state-owned lender Gazprombank, which earlier today announced a
mandate for a potential euro-denominated bond offering.
Sberbank was last in the market in February this year, when
it priced a US$1bn 10-year non-call five Tier 2 subordinated
(Reporting by Abhinav Ramnarayan; editing by Alex Chambers)