Russia Standard Vodka to start roadshow for $100 million two- to three-year notes Thursday

By Reshmi Basu

New York, May 16 - Russia Standard Vodka plans to start a roadshow for a maximum $100 million offering of two- to three-year bullet notes (NR) on Thursday in Hong Kong, according to a market source.

The roadshow then moves to Singapore on Friday, to Switzerland on Monday and wraps up in London and Switzerland on May 23.

Roust Inc. will borrow the proceeds while Russian Standard Vodka and Roust Trading Ltd. will guarantee the issue of credit-linked notes.

Roust is a company specializing in premium consumer products and is the main company within Roust Group. It controls more than 60% of sales of all premium alcohol in Russia. Roust Group is affiliated with the Russian Standard Bank, according to the company's web site.

Dresdner Kleinwort Wasserstein is the bookrunner for the transaction. Russian Standard Bank is the co-lead manager.

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