VTB Bank (Kazakhstan) to sell KZT 3 billion 7% bonds via subscriptions

By Susanna Moon

Chicago, Dec. 13 - JSC VTB Bank (Kazakhstan) plans to place KZT 3 billion of 7% four-year bonds by way of subscriptions, according to a press release from underwriter Eurasia Capital.

Orders will be accepted on Tuesday and Wednesday.

Settlement will occur between Dec. 21 and Dec. 23.

The issuer is a subsidiary of VTB Bank, a lender based in Moscow.

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