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Gazprom, Morgan Stanley discuss finance

MOSCOW, July 7 (RIA Novosti) - Chief executive of Russian gas monopoly Gazprom Alexei Miller and Sir David Walker, the chairman of Morgan Stanley International, met in Britain to discuss prospects for bilateral cooperation, particularly the organization of Gazprom's finances.

Morgan Stanley is one of the world's largest investment banks, with assets estimated at $65.5 billion. The company's activity covers three sectors: securities, assets management and finance organization.

After starting work in Russia in 1994, Morgan Stanley has often arranged Gazprom's eurobond loans. In February 2003, the bank assisted and co-managed the company's issue of book-entry bonds worth $1.75 billion, the largest ever in Russia.

Moreover, the bank was one of the organizers of Gazprom's issue of structured secured bonds totaling $1.25 billion in July 2004.

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