Russia's Industry & Construction Bank mandates ABN Amro, Deutsche Bank to conduct roadshow

By Reshmi Basu

New York, July 11 - Industry & Construction Bank of St. Petersburg has mandated ABN Amro and Deutsche Bank to conduct a European roadshow this week, according to a market source.

The intention is to introduce the Russian bank to the capital markets, resulting in potential short-dated dollar-denominated bonds.

The roadshow stops in Zurich and Geneva, Switzerland; London; Frankfurt, Germany; and Vienna, Austria.

Vneshtorgbank controls the largest individual stake in the St. Petersburg-based private sector bank.

The deal will be structured as a Regulation S transaction.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.