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Published on 1/13/2004 in the Prospect News High Yield Daily.

Sistema to launch $250 million eurobond late Jan. 12 week via CSFB

By Paul A. Harris

St. Louis, Jan. 13 - Sistema Capital SA is expected to launch a $250 million senior unsecured eurobond due 2011 (--/B-/B-) late in the week of Jan. 12, market sources said.

Credit Suisse First Boston will run the books on the Rule 144A/Regulation S offering.

The notes will become putable in three years.

The notes will be guaranteed by Sistema JSFC.

The Russian bank has headquarters in Moscow.


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