Amtel-Vredestein N.V., Enschede, the Netherlands, said to be a leading European tire producer, Russia's largest passenger car tire manufacturer and number one Russian tire retailer, is preparing for the issue of its inaugural eurodenominated Eurobond.

Amtel-Vredestein N.V., Enschede, the Netherlands, said to be a leading European tire producer, Russia's largest passenger car tire manufacturer and number one Russian tire retailer, is preparing for the issue of its inaugural euro-denominated Eurobond. The company has retained Nomura International plc to manage the sale of the unsecured debt, which will have a final maturity of three years and carry a fixed rate of interest (www.amtel-vredestein.ru). (RW+)