- About VTB Group
- About VTB Capital
- Products and Services
- Corporate Communications
- RUSSIA CALLING!
VTB Capital has placed Series 06 and 08 Vneshekonombank bonds worth RUB 10bn and RUB15bn respectively. Coupons are set at 7.9% and 6.9% per annum. The bonds are redeemable with a 7-year option for Series 06 and a 3-year option for Series 08.
Over 100 investors took part in the bookbuilding. The books for Series 06 were oversubscribed more than three times, with Series 08 oversubscribed by approx. RUB 25bn.
The proceeds from the placement will finance the Vneshekonombank loan and investment business.
Yuri Soloviev, President, VTB Capital: “We are proud that VTB Capital has taken part in such a large transaction for the Russian market. This is the result of our two-and-a-half years of success in the debt capital markets. Vneshekonombank is a major Russian financial group. Vneshekonombank bonds offering is a milestone in the Russian ruble bond market. Our participation in the Vneshekonombank bonds placement is our contribution to the development of the local economy”.Press office firstname.lastname@example.org Head of Press Natalia Cherepova Natalia.Cherepova@vtbcapital.com
Federation Tower West, 12, Presnenskaya emb., Moscow, 123100