Sberbank placing 7-yr, dollar-denominated Eurobonds at 5.25%-5.3%

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Sberbank placing 7-yr, dollar-denominated Eurobonds at 5.25%-5.3% - source

MOSCOW. June 21. (Interfax) - Sberbank of Russia has issued a mandate to Bank of America Merrill Lynch, JP Morgan, Mitsubishi UFJ and Troika Dialog to organize a seven-year Eurobond issue denominated in dollars, a source in banking circles told Interfax.

Yield guidance is 5.25%-5.3%, and pricing is expected on Thursday.

The volume of the issue will be indicative.

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