New Issue: Russia's VTB Bank prices CHF 225 million 5% notes due 2015 at par

By Christine Van Dusen

Atlanta, Oct. 21 - Russia's JSC VTB Bank sold CHF 225 million notes due Nov. 17, 2015 (Baa1/BBB/BBB) at par to yield 5%, or mid-swaps plus 445.7 basis points, a market source said.

BNP Paribas, Credit Suisse and VTB Bank were the bookrunners for the deal.

VTB Bank is a Moscow-based lender.

Issuer:	JSC VTB Bank
Amount:	CHF 225 million
Maturity:	Nov. 17, 2015
Description:	Notes
Bookrunners:	BNP Paribas, Credit Suisse, VTB Bank
Coupon:	5%
Price:	Par
Yield:	5%
Spread:	Mid-swaps plus 445.7 bps
Trade date:	Oct. 21
Settlement date:	Nov. 17
Ratings:	Moody's: Baa1
	Standard & Poor's: BBB
	Fitch: BBB

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