Russia's Sberbank talks $250 million increase of 6 1/8% notes due 2022 at par

By Christine Van Dusen

Atlanta, Feb. 3 - Russia's Sberbank set price talk for a $250 million increase of its existing 6 1/8% notes due Feb. 7, 2022 at par, a market source said.

Barclays Capital, BNP Paribas, Citigroup and Troika Dialog are the bookrunners for the Rule 144A and Regulation deal.

The original issue totaled $500 million and priced at par to yield 6 1/8%, or Treasuries plus 432.8 basis points.

Sberbank is a Moscow-based lender.

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