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Published on 6/18/2008 in the Prospect News Emerging Markets Daily.

Russia's Sberbank talks benchmark-sized dollar-denominated issue at Libor plus 200 bps to 210 bps

By Aaron Hochman-Zimmerman

New York, June 17 - OJSC Sberbank (A2//BBB+) released talk of Libor plus 200 basis points to 210 bps for its benchmark-sized dollar-denominated offer, according to a market source.

Barclays and JPMorgan are bookrunners for the Regulation S deal.

The bonds will be issued from the bank's medium-term note program.

Sberbank is a Moscow-based commercial bank.


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