Russian Eurobond offering returns $200 mln to country under capital amnesty
MOSCOW. March 19 (Interfax) - The Russian Finance Ministry's placement of Eurobond issues Russia-29 and Russia-47 returned about $200 million to the country under a capital amnesty, according to comments from the organizer of the deal.
"Under the capital amnesty, the total amount of allocated bonds of both issues amounted to 5%," the head of debt capital markets at VTB Capital, Andrei Solovyev said.
The Finance Ministry placed $4 billion in Eurobonds on Friday, including $1.5 billion in new bonds maturing in 2029 and an additional issue of bonds maturing in 2047 totaling $2.5 billion.