3 Dec 2009 09:51

CORRECTED: Gazprombank could offer up to $1 bln in Eurobonds in Q2 2010

(headline adjusted)

MOSCOW. Dec 3 (Interfax) - Gazprombank could offer up to $1 billion in Eurobonds in the second quarter of 2010, Alexander Sobol, the bank's deputy chairman, told reporters.

"There'd be no point offering less than $500 million, and it would be costly to offer more than $1 billion, so were looking at somewhere in between," he said.

The bank is unlikely to offer bonds in Q1, but could do so in Q2, he said.