Nomos Bank of Russia To Go on Roadshow

April 10
10:13 AM 2013

The Russian financial institution Nomos Bank is one of the few banks in Russia listed in the country's stock exchange. It is now undertaking a roadshow to market a dollar denominated Eurobond.

This plan was confirmed by a Nomos Bank executive who spoke on condition of anonymity. This is being done while it is being taken over by Otkritie Financial Corp. The roadshow would commence on April 15 in New York City as confirmed by the bank's head of international business Yuri Lekarev.

The organizers of the roadshow are JP Morgan, Citibank, Gazprombank, VTB Capital together with Nomos Bank itself. The planned bond issue would be a seven year Eurobond valued at around US $500 million.

Nomos Bank provides a full range of banking services, from credit and debit cards, bond issue underwriting and other investment banking and trade finance services. It also has retail banking services such as leasing, deposit services and other private banking functions.

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