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VTB may issue Eurobonds worth $1bln - Kostin

“The final decision has not been taken yet, but we will be resolving this issue during September,” he told the APEC business summit
Photo ITAR-TASS
Photo ITAR-TASS

VLADIVOSTOK, September 7 (Itar-Tass) — The chief executive officer of VTB Group, Andrei Kostin, has not ruled out that the bank may place Eurobonds worth no less than 1 billion U.S. dollars.

“The final decision has not been taken yet, but we will be resolving this issue during September,” he told the APEC business summit on Friday.

He specified that the bank would take a decision on issuing Eurobonds depending on how the previous issue of 1 billion U.S. dollars is traded as well as on external market conditions.