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Russia's Gazprom plans to hold eurobond road show in November - sources

Reuters - UK Focus

MOSCOW, Oct (HKSE: 3366-OL.HK - news) 18 (Reuters) - Russia's gas giant Gazprom plans to hold a eurobond road show on Nov. 7 with a view to placing up to 1 billion euro ($1.10 billion) worth of bonds, sources familiar with the situation told Reuters on Tuesday.

Gazprom declined comment.

A source said the organisers of the issue were Unicredit (EUREX: DE000A163206.EX - news) , JP Morgan (Other OTC: MGHL - news) , Bank of China (HKSE: 3988-OL.HK - news) and Gazprombank. Another source said the placement could be worth between 600 million euros and 1 billion euros.

Two sources also said that Gazprom may issue a eurobond in Swiss francs in late November or early December. Organisers are UBS (LSE: 0QNR.L - news) , Deutsche Bank (LSE: 0H7D.L - news) , Gazprombank and VTB. ($1 = 0.9112 euros) (Reporting by Oksana Kobzeva; writing by Vladimir Soldatkin; Editing by Adrian Croft)