Russia's Rosneft is likely to return to the international capital markets in the next couple of weeks, according to bankers, with its first bond deal since completing the state-owned company's US $55 billion acquisition of TNK-BP. "It's one of the names that could come intraday in the next two weeks or so," said one banker familiar with the situation, adding, though, it would take at least a week for the company to get its documents ready.
Another banker, who agreed an April sale was probable, said timing was dependent on Rosneft getting a sufficiently attractive price. Much will depend on the likely size, which at this stage remains uncertain. "I really don't know what they want to do," said the first banker.