VTB Capital participated as Joint Lead Manager in French financial group Societe Generale’s USD 1bn subordinated Tier 2 Eurobond issue with 5% coupon and a 10 year maturity.
This is VTB Capital’s first Eurobond for a French issuer and one of the first subordinated transactions this year.
Andrey Solovyev, Global Head of DCM at VTB Capital, said: "VTB Capital is proud to be the first Russian investment bank that Societe Generale has invited as a Joint Lead Manager of its Eurobond issue. This placement is further confirmation of our leading positions in international capital markets. VTB Capital’s participation in this landmark transaction underlines the high professionalism and credibility of our team."
VTB Capital, the Investment Business of VTB Group, is one of the three strategic business arms of VTB Group, along with the corporate and retail businesses. Since its foundation in 2008, VTB Capital has taken part in more than 460 ECM and DCM deals, which were instrumental in attracting more than USD 189bn worth of investments to Russia and CIS.
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