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Russia's VTB Bank taps Deutsche Bank, JPMorgan, VTB Capital for possible dollar-denominated bonds
By Paul A. Harris
St. Louis, Feb. 17 - The Russian Federation's JSC VTB Bank (Baa1/BBB/BBB) mandated Deutsche Bank, JPMorgan and VTB Capital to lead investor presentations ahead of a possible benchmark-sized, dollar-denominated offering of bonds, according to a market source.
The deal is being marketed in accordance with Rule 144A and Regulation S.
A roadshow gets underway on Friday in Los Angeles and continues on Monday in Boston and on Tuesday in New York. The roadshow wraps up on Feb. 24 in London.
Pricing is subject to market conditions.
VTB is a Moscow-based full-service banking company.
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