Russia's Petrocommerce Bank to start roadshow Thursday for dollar-denominated three-year bonds

By Paul A. Harris

St. Louis, March 1 - Petrocommerce Bank will begin a roadshow Thursday in Hong Kong for a dollar-denominated offering of three-year global bonds, according to an informed source.

Subsequent roadshow stops include Singapore on Friday, Switzerland on Monday and London on Tuesday.

Credit Suisse and UBS Investment Bank are leading the Regulation S offering.

Moody's Investors Service assigns is Ba3 issuer rating to Petrocommerce Bank. The Standard & Poor's issuer rating is B.

The prospective issuer is a private Russian bank.

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