According to unofficial data, MDM BANK (Moscow) will begin a road show of Eurobonds, worth $400 million, within a month. According to a source, the road show will begin in the end of September-beginning of October. The Eurobonds are secured with auto loan payments. Arrangers are DRESDNER KLEINWORT and MERRILL LYNCH. Slated for placement in the autumn, the Eurobonds are part of an additional borrowing program at foreign markets in 2006. Its volume may be around $600m, not counting credit resources from EBRD and IFC.
Source: BANKIR.RU, August 23, 2006
