MTS International Funding Limited
INIITIAL PRICE THOUGHTS 5.375% AREA
 
Issuer:                          MTS International Funding Limited
Borrower:                     Mobile TeleSystems OJSC
Expected Ratings:        Ba2 (Moody's) / BB (S&P) / BB+ (Fitch)
Format:                        Senior Unsecured, 144A/Reg S
Currency:                     USD
Tenor:                          10 year
Size:                             Benchmark
IPT:                               5.375% area
Denoms:                      $200/1k
Docs:                          Irish SE / English
Joint Bookrunners:        Gazprombank, JP Morgan (B&D), RBS
Timing:                         Expect USD today, RUB TBD