17 Mar 2010 16:03

RZD expects demand for its Eurobonds to top $1 bln - Yakunin

ST. PETERSBURG. March 17 (Interfax) - OJSC Russian Railways (RZD) expects that demand for its Eurobonds will top $1 billion, the company's president, Vladimir Yakunin, told journalists in St. Petersburg on Wednesday.

"We are preliminarily discussing one billion but we are sure that demand will be much higher," he said.

The head of RZD said that the issue's roadshow starts on March 23. Yakunin added that he would directly participate in the issue's presentation in London slated for March 25-26.

"We will hold the placement with a focus on London, Asian and, of course, European markets," Yakunin said.