VTB places $39.5 mln in yearlong ECPs
MOSCOW. Dec 12 (Interfax) - VTB Bank has placed its eighth series of yearlong Eurocommercial Papers (ECP) worth $39.5 million, the bank said in a statement.
VTB ECP Finance Ltd is the issuer. The papers will mature on December 4, 2013. The issue was given ISIN code XS0863163746. The issue was placed as part of an ECP program worth $2 billion.
It was earlier reported that VTB went to the debt market in November with five ECP series. For instance, the bank placed the seventh series worth $19 million, sixth series worth $15 million, fifth series worth $13.5 million, fourth series worth $12 million and yearlong third series worth $35.2 million.
Prior to this, VTB placed its second ECP series worth $25.5 million in mid-October. The first series worth $125 million was placed at the end of September at 2.2%.