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Russia's VTB Capital plans minimum CHF 150 million of two-year bonds
By Aaron Hochman-Zimmerman
New York, July 7 - VTB Capital SA plans to price an offering of at least CHF 150 million of two-year bonds (Baa1/BBB/BBB), according to a market source.
The sale is talked at a 7½% coupon and a spread of mid-swaps plus 675 basis points, the source added.
BNP Paribas and VTB Capital will act as bookrunners for the deal.
VTB is a Moscow-based government-run commercial and retail lender.
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