VTB Bank OAO Announces CNY 1 Billion Debt Issue

Monday, 21 Jan 2013 09:19am EST 

VTB Bank OAO announced that it has priced an additional issuance of CNY 1 billion 4.5% Notes due 2015 to be issued under its Programme No.2 for the Issuance of Loan Participation Notes for the sole purpose of funding a loan to VTB. The new notes are additional to, and will be consolidated and form a single series with its CNY 1.0 billion 4.5% Notes due 2015 previously issued in October 2012. The issue of new notes was priced at a yield of 3.8% per annum. HSBC and VTB Capital plc are the Joint Lead Managers for the issue. 

Company Quote

-0.019 -0.87%
7:17am EDT