MOSCOW Jan 30 State-run Russian Railways (RZhD) raised 675 million Swiss francs ($732 million) via a Eurobond issue, one of arrangers told Reuters.
Andrey Solovyov, global head of debt capital markets at VTB Capital, said the issue had 5-year and 8-year tranches.
The issue's 5-year, CHF525 million tranche was upsized from the originally-offered CHF350 million, at a yield of 2.177 percent, IFR reported.
The 8-year CHF150 million tranche was priced to yield 2.73 percent.
The issue was rated at an investment grade Baa1/BBB/BBB by agencies Moody's, Standard & Poor's and Fitch.
Barclays and Credit Suisse were the other arrangers in the transaction.
Russian Railways said in December it planned to borrow 203 billion roubles ($6.8 billion) in 2013.
Russian borrowers raised a total of around $53 billion via Eurobond issues last year and have issued debt this year to profit from positive risk sentiment towards emerging markets. ($1 = 0.9221 Swiss francs) ($1 = 30.0505 Russian roubles) (Reporting by Oksana Kobzeva; Writing by Katya Golubkova; Editing by Eric Meijer)