Russia's VTB Bank postpones real-denominated five-year notes

By Christine Van Dusen

Atlanta, Nov. 29 - Russia's VTB Bank is postponing its planned offering of real-denominated five-year notes, a market source said.

BTG Pactual and VTB Capital were the bookrunners for the Regulation S-only deal, which was whispered at a yield in the 12½% area.

Other details were not available on Monday.

VTB Bank is a Moscow-based lender.

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