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Prospect News home > News index > List of issuers V > Headlines for VTB Bank > News item
Published on 6/18/2008 in the Prospect News Emerging Markets Daily.

Russia's VTB Bank sets talk at mid-swaps plus 300 bps for €750 million three-year bonds

By Aaron Hochman-Zimmerman

New York, June 18 - VTB Bank (A2/BBB+/BBB+) released talk of mid-swaps plus 300 bps for its planned offering of €750 million three-year bonds, according to a market source.

BNP Paribas and Deutsche Bank are bookrunners for the deal.

The Russian government holds a majority stake in VTB, which is a Moscow-based retail and commercial bank.


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