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Comment by Andrey Solovyev, Global Head of DCM at VTB Capital, for Bloomberg

3 April 2017
Bloomberg
Sovcomflot Wanted to Catch ‘Window’ Before Eurobond Rush: VTB

Sovcomflot timed Eurobond tap to avoid competing with Nornickel and X5, Andrey Solovyev, global head of debt capital markets at VTB Capital says by phone.
  • Says Russian companies don’t want to miss issuance window after Fed comments and are selling Eurobonds now
  • NOTE: FINAL TERMS: Sovcomflot $150m 6/2023 Tap 4.85%
  • Sovcomflot tap book had more than 80 investors

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