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Sberbank picks Barclay's Capital, BNP Paribas, ING to lead manage bonds

15:59 08/09/2010

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Russia's top lender Sberbank has chosen Barclay's Capital, BNP Paribas and ING to lead manage its Eurobonds, a banking source said on Wednesday.

Investor meetings will take place in Singapore on September 14, in Hong Kong on September 15 and in London on September 15-16, the source said.

Sberbank Deputy Chairman Anton Karamzin told RIA Novosti that the meetings do not automatically mean that there will be a placement.

"According to the pre-existing tradition, this is a non-deal road show, just an update of the medium-term note program, because of the semi-annual report release to International Financial Reporting Standards," Karamzin said.

MOSCOW, September 8 (RIA Novosti) 

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RIA NovostiSberbank officeSberbank picks Barclay's Capital, BNP Paribas, ING to lead manage bonds

15:59 08/09/2010 Russia's top lender Sberbank has chosen Barclay's Capital, BNP Paribas and ING to lead manage its Eurobonds, a banking source said on Wednesday.>>

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