Russia’s VTB may place 200 million Swiss franc Eurobonds Thursday — report
Business & Economy
July 03, 2014, 17:56
The issue matures in October 2024, while the yield guideline with a call option in October 2019 is set at around 5% annually
MOSCOW, July 03. /ITAR-TASS/. Russia’s VTB Group may place 200 million Swiss franc Eurobonds on Thursday, Bloomberg reported citing sources.
The issue matures in October 2024, while the yield guideline with a call option in October 2019 is set at around 5% annually, the source said.
A financial market source said in June that VTB may start a roadshow for Eurobonds on Tuesday.
Credit Suisse, UBS, and VTB Capital were appointed organizers of the placement.
On June 4, Alfa-Bank became the first Russian bank to enter the debt market since the start of the Ukrainian crisis. Sberbank and Gazprombank also offered their Eurobonds after that.