By Christine Van Dusen
Atlanta, Aug. 10 - Russia's VTB Bank priced a CHF 100 million add-on to its CHF 300 million notes due Aug. 16, 2013 (Baa1/BBB/BBB) at par to yield 4%, according to a company announcement.
The original notes were priced at par to yield Treasuries plus 315.5 basis points on July 13.
VTB Capital and BNP Paribas were the bookrunners for the deal.
VTB is a Moscow-based lender.
Issuer: | VTB Bank
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Amount: | CHF 100 million
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Maturity: | Aug. 16, 2013
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Description: | Notes
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Bookrunners: | VTB Capital, BNP Paribas
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Coupon: | 4%
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Price: | Par
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Yield: | 4%
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Trade date: | Aug. 10
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Ratings: | Moody's: Baa1
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| Standard & Poor's: BBB
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| Fitch: BBB
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Original issue: | CHF 300 million priced at par on July 13 to yield Treasuries plus 315.5 bps
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