Russia's Borets International mandates three banks for roadshow

By Christine Van Dusen

Atlanta, Sept. 11 - Russia's Borets International Ltd. has mandated Deutsche Bank, Morgan Stanley and Sberbank to lead a roadshow starting Thursday, a market source said.

A dollar-denominated bond offering is expected to follow.

The roadshow for the Rule 144A and Regulation S bonds will begin in Switzerland and travel to the West Coast of the United States before stopping in London and New York and concluding on Sept. 18 in Boston.

Moscow-based Borets International provides electric submersible pump systems for the oil industry.

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