JSC VTB Bank VTBR Issue of Debt

  JSC VTB Bank (VTBR) - Issue of Debt

RNS Number : 9315O
JSC VTB Bank
17 October 2012




NOT FOR DISTRIBUTION OR PUBLICATION IN OR INTO THE UNITED STATES, AUSTRALIA,
CANADA OR JAPAN



VTB announces pricing of Chinese Yuan 1 billion issue of Eurobonds

17 October 2012



On October 17, 2012, JSC VTB Bank ("VTB") priced a Eurobond offering of
Chinese Yuan (CNY) 1 billion 4.5% Notes due 2015 (the "Notes") to be issued
under its Programme No.2 for the Issuance of Loan Participation Notes for the
sole purpose of funding a loan to VTB ("the Offering"). This was a second
transaction for VTB in this local market, and received a strong reception from
Asian investors, who accounted for approximately 85% of the issuance with the
order book oversubscribed by 1.5 times. 



BNP Paribas and VTB Capital plc are the Joint Lead Managers for the issue.
The Notes will be addmitted to trading on the Irish Stock Exchange.

Deputy Chairman and CFO of JSC VTB Bank Herbert Moos said:



"This transaction underpins the availability of the CNY market and positive
perception that VTB has generated across local Asian currency markets
consistent with our debt diversification strategy. The transaction has been
priced through our USD secondary curve which comes in line with our plans to
optimize the costs of liabilities."



These materials are not an offer for sale of securities in the United States.
Securities may not be offered or sold in the United States absent registration
under the U.S. Securities Act of 1933, as amended (the "Securities Act"), or
an exemption from registration under the Securities Act. The issuer has not
registered and does not intend to register any part of the offering in the
United States or to conduct a public offering of any securities in the United
States.



This document is an advertisement for the purposes of applicable measures
implementing Directive 2003/71/EC (such Directive, together with any
applicable implementing measures in the relevant home Member State under such
Directive, the "Prospectus Directive"). A prospectus prepared pursuant to the
Prospectus Directive will be published, which when available can be obtained
from Citibank, N.A. at Citigroup Centre, Canada Square, Canary Wharf, London
E14 5LB.



This document is only being distributed to and is only directed at (i) persons
who are outside the United Kingdom or (ii) investment professionals falling
within Article 19(5) of the Financial Services and Markets Act 2000 (Financial
Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and
other persons to whom it may lawfully be communicated, falling within Article
49(2)(a) to (d) of the Order (all such persons together being referred to as
"relevant persons"). Any Notes will only be available to, and any invitation,
offer or agreement to subscribe, purchase or otherwise acquire such Notes will
be engaged in only with, relevant persons. Any person who is not a relevant
person should not act or rely on this document or any of its contents.



Information contained in this document is not an offer, or an invitation to
make offers, sell, purchase, exchange or transfer any securities in the
Russian Federation or to or for the benefit of any Russian person, and does
not constitute an advertisement or offering to non-qualified investors of any
securities in the Russian Federation. The securities have not been and will
not be registered in the Russian Federation or admitted to public placement
and/or public circulation in the Russian Federation. The securities are not
intended for "placement" or "circulation" in the Russian Federation unless and
to the extent permitted under Russian law.



                     This information is provided by RNS
           The company news service from the London Stock Exchange

END


IODZDLFFLBFFFBV -0- Oct/17/2012 14:19 GMT
 
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