Gazprom Banks on the Swiss for First Russia Eurobond in 2016
- Gas exporter picks Deutsche Bank, Gazprombank, UBS, Rencap
- Gazprom's Last Swiss-Franc Issue Gets Secondary Market Boost
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Gazprom PJSC, the natural-gas export monopoly, has hired banks to organize a sale of Swiss-franc debt in what could be the first Eurobond deal out of Russia this year.
Europe’s biggest gas supplier picked Deutsche Bank AG, Gazprombank JSC and UBS Group AG as joint lead managers and Renaissance Capital as a co-manager for investor update meetings in Geneva and Zurich on March 14 and 15, according to a person familiar with the deal who asked not to be identified because the information is private. A Swiss franc-denominated debt sale may follow, subject to market conditions, the person said.