New bond issue: VTB sells SGD 400m in 2015 bonds with 4% coupon
VTB (Russia) on July 13, 2012 placed SGD 400m in bonds with a 4% coupon, maturing in 2015.The deal was done via SPV VTB Capital S.A.. The bond was priced at 100% to yield 4%. Joint Bookrunners - VTB Capital, OCBC. Co-manager - Bank of Singapore arranged the deal.
inShare
Issuer, issue number: VTB, 2015, SGD (LPN)
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: SGD, 250000
Amount: 400 000 000
End of placement: Jul 13 2012
Issue price: 100
Yield at Pricing: 4%
Coupon: 4%
Coupon frequency: 2 time(s) per year
Settlement Date: Jul 20 2012
Maturity date: Jul 20 2015
Issue Managers: Joint Bookrunners - VTB Capital, OCBC
Co-manager - Bank of Singapore
Trading floor: OTC Market
Issuer profile:
VTB is a recognized leader of the national financial industry having gained a sustained competitive edge in all segments of the banking market. As of December 31, 2007 according to IFRS (consolidated), its shareholders equity totaled US$ 16.5 billion, enabling VTB to meet the Basle capital adequacy requirements with a safe margin. The assets of the Bank as of December 31, 2007 amounted up to US$ 92.6 billion.
The “Banker” magazine has ranked VTB the 116th among the world’s 1000 largest banks by capital.
Presently, the Government of the Russian Federation is the major shareholder of VTB, with its share accounting for 77.5%. In May 2007 during the IPO newly issued shares, representing 22.5% of VTB’s enlarged share capital, were allocated among Russian and international investors. The aggregate amount of funds raised approximated US$ 8 billion, making the VTB’s IPO the world’s largest public offering in 2007. It also proved to be most public in the history of the Russian stock market, since more than 120 thousand Russians have become VTB shareholders during the IPO.
As a result of the IPO, market capitalization of VTB, whose shares are now traded on the MICEX and RTS, as well as on the London Stock Exchange in the form of Global Depository Receipts, has exceeded US$ 35.5 billion. VTB authorized capital is presently RUR 67.2 billion./12.05.08
Outstanding issues:
14 issue(s) outstanding worth USD 9 036 572 000
10 issue(s) outstanding worth RUR 110 000 000 000
1 issue(s) outstanding worth EUR 500 000 000
2 issue(s) outstanding worth CHF 700 000 000
3 issue(s) outstanding worth SGD 1 100 000 000
1 issue(s) outstanding worth CNY 1 000 000 000
Issuer's rating:
Moody's Investors Service Baa1/Negative LT Int. Scale (foreign curr) 08.07.2011
Moody's Investors Service Baa1/Negative LT Int. Scale (loc. curr.) 08.07.2011
Standard & Poor's BBB/Stable LT Int. Scale (foreign curr.) 09.11.2011
Standard & Poor's BBB/Stable LT Int. Scale (loc. curr.) 05.10.2010
Standard & Poor's ruAAA LT National Scale (Russia) 05.10.2010
Fitch Ratings BBB/Stable LT Int. Scale (foreign curr.) 08.04.2011
Fitch Ratings BBB/Stable LT Int.l Scale (local curr.) 08.04.2011
Fitch Ratings AAA(rus)/Stable National Scale (Russia) 08.04.2011
National Rating Agency AAA National scale (Russia) 01.07.2007
VTB (Russia) on July 13, 2012 placed SGD 400m in bonds with a 4% coupon, maturing in 2015.The deal was done via SPV VTB Capital S.A.. The bond was priced at 100% to yield 4%. Joint Bookrunners - VTB Capital, OCBC. Co-manager - Bank of Singapore arranged the deal.
inShare
Issuer, issue number: VTB, 2015, SGD (LPN)
Type of debt instrument: Eurobonds
Issue status: outstanding
Type of placement: public
Par, currency of issue: SGD, 250000
Amount: 400 000 000
End of placement: Jul 13 2012
Issue price: 100
Yield at Pricing: 4%
Coupon: 4%
Coupon frequency: 2 time(s) per year
Settlement Date: Jul 20 2012
Maturity date: Jul 20 2015
Issue Managers: Joint Bookrunners - VTB Capital, OCBC
Co-manager - Bank of Singapore
Trading floor: OTC Market
Issuer profile:
VTB is a recognized leader of the national financial industry having gained a sustained competitive edge in all segments of the banking market. As of December 31, 2007 according to IFRS (consolidated), its shareholders equity totaled US$ 16.5 billion, enabling VTB to meet the Basle capital adequacy requirements with a safe margin. The assets of the Bank as of December 31, 2007 amounted up to US$ 92.6 billion.
The “Banker” magazine has ranked VTB the 116th among the world’s 1000 largest banks by capital.
Presently, the Government of the Russian Federation is the major shareholder of VTB, with its share accounting for 77.5%. In May 2007 during the IPO newly issued shares, representing 22.5% of VTB’s enlarged share capital, were allocated among Russian and international investors. The aggregate amount of funds raised approximated US$ 8 billion, making the VTB’s IPO the world’s largest public offering in 2007. It also proved to be most public in the history of the Russian stock market, since more than 120 thousand Russians have become VTB shareholders during the IPO.
As a result of the IPO, market capitalization of VTB, whose shares are now traded on the MICEX and RTS, as well as on the London Stock Exchange in the form of Global Depository Receipts, has exceeded US$ 35.5 billion. VTB authorized capital is presently RUR 67.2 billion./12.05.08
Outstanding issues:
14 issue(s) outstanding worth USD 9 036 572 000
10 issue(s) outstanding worth RUR 110 000 000 000
1 issue(s) outstanding worth EUR 500 000 000
2 issue(s) outstanding worth CHF 700 000 000
3 issue(s) outstanding worth SGD 1 100 000 000
1 issue(s) outstanding worth CNY 1 000 000 000
Issuer's rating:
Moody's Investors Service Baa1/Negative LT Int. Scale (foreign curr) 08.07.2011
Moody's Investors Service Baa1/Negative LT Int. Scale (loc. curr.) 08.07.2011
Standard & Poor's BBB/Stable LT Int. Scale (foreign curr.) 09.11.2011
Standard & Poor's BBB/Stable LT Int. Scale (loc. curr.) 05.10.2010
Standard & Poor's ruAAA LT National Scale (Russia) 05.10.2010
Fitch Ratings BBB/Stable LT Int. Scale (foreign curr.) 08.04.2011
Fitch Ratings BBB/Stable LT Int.l Scale (local curr.) 08.04.2011
Fitch Ratings AAA(rus)/Stable National Scale (Russia) 08.04.2011
National Rating Agency AAA National scale (Russia) 01.07.2007