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VTB24, unit of Russia's Vneshtorgbank, to start roadshow Thursday for dollar-denominated notes
By Paul A. Harris
St. Louis, Nov. 20 - VTB24 Capital plc, the core subsidiary of Russia's Vneshtorgbank, will begin a roadshow on Thursday in Hong Kong for its dollar-denominated offering of loan participation notes (A2/BBB+BBB+) that are expected to feature a three-year maturity, according to a market source.
The roadshow will continue on Friday in Singapore and will move to Europe on Nov. 27. Pricing is expected mid-week during the week of Nov. 27.
Citigroup, Deutsche Bank and JP Morgan are joint bookrunners.
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