St. Petersburg PSB postponed the issue of Eurobonds
Industrial Construction Bank (PSB, St. Petersburg) has postponed the issue of Eurobonds to 2003, said the first deputy chairman of the bank's board, Mikhail Oseevsky. According to him, it makes sense to raise funds by placing Eurobonds in the amount of at least $100 million, but so far the bank and its clients do not have such needs. Previously, PSB management announced plans to issue Eurobonds worth up to $100 million this fall.