Sberbank heads out on road, set to join Russian pipeline

Sberbank began a non-deal roadshow in the UK and the US on Monday, arranged by Barclays Capital, BNP Paribas, Citi and Troika Dialog. The bank, which has just closed a merger with Troika (see page 54), plans to enter the Eurobond market in the second half of this year, according to analysts at Alfa Bank.