News and Press Releases

10 August 2010

VTB Capital successfully places RUB 5bn worth of VTB-Leasing Finance Series 08 Bonds

VTB Capital has successfully placed VTB-Leasing Finance Series 08 Bonds worth RUB 5bn and guaranteed by VTB Leasing. The book bids came from 24 investors. The rates of quarterly coupons 1-6 are set at 7.05% per annum, representing a yield of 7.24% per annum on a 1.5-year offer. The amortization for the bond issue is structured in equal parts (7.692% of par value each 182 days), starting from the maturity date of the 4th coupon.

The bonds were placed on 10 August, 2010 in book-building form on MICEX, with VTB Capital acting as bookrunner. The bonds are traded on the MICEX B-list.

Bank Saint Petersburg and NOMOS Bank were appointed joint bookrunners. BKS, ING Bank and Promsvyazbank acted as joint underwriters. VTB Capital is the organizer and underwriter of the bond issue.

OJSC VTB Leasing (and VTB-Leasing Finance Series 08 Bonds respectively) has long-term international ratings of ВВВ / ВВВ from S&P / Fitch, all of the preceding traded bonds by VTB-Leasing Finance are REPO-listed by the Bank of Russia.

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