Rodovid Bank to attract USD 200-250 mln in financing in 2008
27 June 2008
Rodovid Bank (RODB: BUY) is planning to attract USD 150-200 mln via a Eurobond issue and USD 50 mln through a syndicated loan by the end of 2008, bank CEO Denis Gorbunenko told journalists yesterday. According to Gorbunenko, the most likely candidate to lead manage the loan is the European Bank of Reconstruction and Development. Gorbunenko said that Rodovid Bank is targeting to extend its branch network by 28% yoy to 200 branches in 2008.
