By Christine Van Dusen
Atlanta, July 26 - Russia's JSC VTB Bank priced a $1 billion issue of perpetual notes to yield 9½%, a market source said.
The notes priced at the low end of talk, set at 9½% to 9¾%.
Citigroup, UBS and VTB Capital were the bookrunners for the Rule 144A and Regulation S deal.
No other details on the pricing were immediately available on Thursday.
VTB is a Moscow-based lender.
| Issuer: | JSC VTB Bank
|
| Amount: | $1 billion
|
| Maturity: | Perpetual
|
| Description: | Notes
|
| Bookrunners: | Citigroup, UBS, VTB Capital
|
| Yield: | 9½%
|
| Trade date: | July 26
|
| Distribution: | Rule 144A and Regulation S
|
| Price talk: | 9½% to 9¾%
|
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