Novatek raises 14 bln roubles in four-year Eurobonds

Feb 12, 2013 | News, Russia

Novatek, Russia’s largest independent gas producer, has raised 14 billion roubles ($463 million) in four-year Eurobonds, a banking source told Reuters on Tuesday. The source added that the yield was set at 7.75 percent, the same as the initial guidance....

Sberbank to Sign DenizBank Deal

Jun 4, 2012 | News

Reuters via Moscow Times 4 June 2012 Sberbank is set to sign a preliminary agreement next week to buy failed Franco-Belgian lender Dexia’s Turkish unit DenizBank, a source close to the negotiations said Friday. “An agreement is planned to be signed June...

Sberbank Nears Turkish Buy

May 28, 2012 | News

Moscow Times 25 May 2012 Sberbank is close to buying Turkey’s Denizbank, in a deal that would secure it a foothold in its long-eyed Turkish market and nudge out a rival bidder, three people familiar with the matter said Thursday. Europe’s No.2 lender by...

Megafon ownership shaken up, IPO planned for H2 2012

Apr 24, 2012 | News

East-West Digital News 23 April 2012 Megafon, Russia’s second largest mobile operator, has borrowed $4.5 billion with the intention of buying back investor Mikhail Fridman’s 25.1% stake, Reuters reported last week. If successful, the purchase will bring MegaFon closer...