VTB Capital and BNP Paribas acted as joint bookrunners on CHF 750 mln 7.5% 2-year Eurobond issue for VTB Bank.
Transaction was significantly oversubscribed which allowed to increase the initially announced size CHF 150m to CHF 450 and then to CHF 750m.
Andrey Solovyev, Global Head of Debt Capital Markets, VTB Capital, said: “This is the first issue by VTB Bank in the Swiss retail market allowing to broaden issuer’s investor base. The transaction is the largest ever CHF Eurobond placement by a Russian issuer. We are pleased to be a joint bookrunner on such a successful transaction for the VTB Group.”
Head of Press