New Issue: Russia's VTB Bank prices RMB 1 billion more 4½% notes due 2015 to yield 3.802%

By Christine Van Dusen

Atlanta, Jan. 18 - Russia's OJSC VTB Bank priced an RMB 1 billion increase of its 4½% notes due Oct. 30, 2015 (Baa1/BBB/BBB) at 101.8 to yield 3.802%, a market source said.

HSBC and VTB Capital were the bookrunners for the Regulation S-only transaction.

VTB is a Moscow-based lender.

Issuer:	OJSC VTB Bank
Amount:	RMB 1 billion
Maturity:	Oct. 30, 2015
Description:	Senior notes
Bookrunners:	HSBC, VTB Capital
Coupon:	4½%
Price:	101.8
Yield:	3.802%
Trade date:	Jan. 18
Settlement date:	Jan. 30
Ratings:	Moody's: Baa1
	Standard & Poor's: BBB
	Fitch: BBB
Distribution:	Regulation S only

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