MOSCOW, July 18 (RIA Novosti) - Russian energy giant Gazprom [RTS: GAZP] plans to launch a roadshow for its $1bln Eurobond issue not later than next week, several sources close to the bond placement said Wednesday.
The Eurobonds will be placed under Gazprom's $15 bln EMTN (European medium-term note) program. ABN Amro and Morgan Stanley will act as the managers for the Eurobond issue, expected to be offered in a single dollar-denominated tranche.
Russian state-controlled crude producer Rosneft, which held a roadshow for its $2 bln Eurobonds in early July, decided earlier this week to delay placing the bonds, due to a worsening of the market situation.