VTB Bank OAO Approves Offering RUB 250 Billion Bonds-PRIME
PRIME reported that the Supervisory Board of VTB Bank OAO has approved offering 20 exchange bond issues totaling RUB 250 billion, the Bank said in a statement. The Bank will place 12 issues of RUB 10 billion bonds, six issues of RUB 15 billion bonds and two issues of RUB 20 billion. The maturity will range from five years for some RUB 10 billion issues and to 10 years for several RUB 15-billion, and for all RUB 20 billion issues. The Bank has two issues of classic bonds and nine issues of exchange bonds worth RUB 130 billion.
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