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Published on 1/31/2007 in the Prospect News Emerging Markets Daily.

Russia's Home Credit & Finance mandates two banks to manage eurobond

By Reshmi Basu

New York, Jan. 31 - Home Credit & Finance Bank Russia mandated ABN Amro and BNP Paribas to lead manage an offering of dollar-denominated eurobonds, according to a market source.

The issue is expected to take place during the first half of this year.

Home Credit & Finance Bank (Ba3/B) is the Russian arm of consumer lending group Home Credit, which belongs to the PPF international group, which is active in insurance, pension business, asset management, consumer finance and retail banking.


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