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Vimpelcom Eyes Eurobond Issues

Vimpelcom is considering five-year and 10-year benchmark Eurobond issues.

    Vimpelcomis considering five-year and 10-year benchmark Eurobond issues,Reutersreports. The Russian mobile company needs finance for a possible takeover of around $6 billion for Egyptian company,Orascom Telecom, and Italian group,.

    The company will hold meetings with investors in London and New York this week for the offering. Vimplecom is planning a dollar Eurobond issue and has appointedBarclays Capital,Royal Bank of Scotland,BNP ParibasandCitias arrangers.

    Click here for the story fromReuters.

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