EDB co-manages the arrangement of financing for VTB Bank

Almaty, 7 November 2012. Eurasian Development Bank (EDB) has become a co-manager in the additional placement of perpetual bonds issued by an affiliate of VTB Bank. The lead manager is VTB Capital.

The transaction value is US $1.25 billion. The bonds have no maturity date. The issue was placed on 1 November 2012 in accordance with Regulation S and 144 A.

This is the second time this year that EDB takes part in arranging finance for VTB Bank. In August EDB co-managed an additional placement of VTB Bank’s Eurobonds to the tune of US $500 million, with a coupon rate of 6.0% p.a., maturing in 2017.

Additional Information

Eurasian Development Bank is an international financial institution founded by Russia and Kazakhstan in January 2006 with the mission to facilitate the development of market economies, sustainable economic growth and the expansion of mutual trade and other economic ties in its member states. EDB’s charter capital exceeds US $1.5 billion. The member states of the Bank are the Republic of Armenia, the Republic of Belarus, the Republic of Kazakhstan, the Kyrgyz Republic, the Russian Federation, and the Republic of Tajikistan. Read more at https://www.eabr.org.