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Vneshtorgbank said Wednesday it had placed the first tranche of its mortgage Eurobonds
Vneshtorgbank (VTB), Russia's state-run foreign trade bank, said Wednesday it had placed the first tranche of its mortgage Eurobonds, totaling $74.2 million. The tranche was placed through open subscription, at a rate of LIBOR+100 basis points, with a term length of 29 years. The issue was organized by Barclays, HSBC, and International Finance Corporation. VTB is Russia's second largest bank by assets. The government holds a 99.9% stake
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Technological cooperation with the West is crucial for the future of Russia,
Moscow's Bailiff Service will check the actions by bailiffs of the southwestern district
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