7 Oct 2013 10:30

Bank St. Petersburg may place dollar-denominated Eurobonds

MOSCOW. Oct 7 (Interfax) - Bank St. Petersburg is meeting with investors on the Eurobond market from October 7, a source on the financial market told Interfax.

The bank may place subordinate dollar-denominated Eurobonds. The volume of the placement will be determined after the meetings. JPMorgan and VTB Capital will organize the placement.

Bank St. Petersburg was ranked number 14 by asset value in the Interfax-100 review of Russia's banks for the first half of 2013.