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Published on 11/23/2010 in the Prospect News Emerging Markets Daily.

Russia's VTB Bank whispers five-year real notes at 12½% area

By Christine Van Dusen

Atlanta, Nov. 23 - The real-denominated notes due 2015 from Russia's VTB Bank are being whispered at a yield in the 12½% area, a market source said Tuesday.

BTG Pactual and VTB Capital are the bookrunners for the Regulation S-only deal.

VTB Bank is a Moscow-based lender.


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