11 May 2011 16:17

VEB Leasing mandates 3 banks as Eurobond organizers

MOSCOW. May 11 (Interfax) - VEB Leasing, a Vnesheconombank subsidiary, has given Credit Suisse, Goldman Sachs, and VEB Capital mandates to organize Eurobonds denominated in dollars, a financial-market source told Interfax.

The company will be conducting a road show in Switzerland May 17 and in London May 18-19.

VEB Leasing was set up in 2003 with state-owned OJSC OPK Oboronprom, and initially served defense-industry companies. Later, when Vnesheconombank acquired a controlling interest in the company in H1 2008, VEB Leasing's portfolio was diversified into other sectors. At present, the company provides services in the leasing of production and technological equipment, transport, and real estate.