Russia's Alfa Bank eyes Eurobonds of up to $1 bln

MOSCOW, April 11 | Mon Apr 11, 2011 3:05pm BST

MOSCOW, April 11 (Reuters) - Alfa Bank, Russia's largest privately-owned lender, may place Eurobonds worth up to $1 billion in 2011, the bank's chief financial officer said on Monday.

"We would expect to come to the capital markets, probably in terms of doing a significant size Eurobond offering, and we would expect to come probably twice through the year," Andrew Baxter told a conference call.

"Something between $500-$600 million and $1 billion -- that we would be targeting." (Reporting by Katya Golubkova, editing by Douglas Busvine)

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