MOSCOW, July 16 (Reuters) - Russia’s largest privately owned lender Alfa Bank mandated two banks to help arrange an issue of Eurocommercial paper (ECP), IFR, a Thomson Reuters news and market analysis service, said on Monday.
IFR said the Russian lender had mandated Goldman Sachs and UBS for the possible dollar-denominated deal with a 12-month tenor. The issue may follow this week and is a subject to market conditions.
Russian borrowers have already raised over $25 billion via Eurobond issues so far this year, more than in the whole of 2011. (Reporting by Katya Golubkova; Editing by David Holmes)