VTB will sell up to 70% of the issue of Sberbank Eurobonds with maturity on March 6, 2019, in the secondary market

VTB will offer up to 70% of the issue of Sberbank Eurobonds with a coupon rate of 4.15% and maturity on March 6, 2019, in the secondary market, the bank informs. The deal will be implemented as a Dutch auction, the initial reference point for the price – 101%. The supply will be 350 million dollars. The nominal issue size is 500 million dollars. As previously reported, in December, VTB offered up to 90% of the issue of Sberbank Eurobonds with a coupon rate of 3.08% and maturity on March 7, 2019, in the secondary market.

• Status
  redeemed
• Country of risk
  Russia
• Redemption (put/call option)
  *** (***)
• Amount
  500,000,000 USD
• М/S&P/F
  — / — / —

• Full name
  Sberbank of Russia PSC
• Registration country
  Russia
• Industry
  Banks