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Published on 7/13/2012 in the Prospect News Emerging Markets Daily.

New Issue: Russia's VTB Bank prices S$400 million 4% notes due 2015 at par

By Christine Van Dusen

Atlanta, July 13 - Russia's VTB Bank priced a S$400 million issue of 4% senior notes due July 20, 2015 (Baa1/BBB/BBB) at par to yield 4%, a market source said.

VTB Capital and OCBC were the bookrunners for the Regulation S deal.

VTB is a Moscow-based lender.

Issuer:VTB Bank
Description:Senior notes
Amount:S$400 million
Maturity:July 20, 2015
Coupon:4%
Price:Par
Yield:4%
Bookrunners:VTB Capital, OCBC
Trade date:July 13
Settlement date:July 20
Ratings:Moody's: Baa1
Standard & Poor's: BBB
Fitch: BBB
Distribution:Regulation S

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