5 Apr 2012 09:31

VTB places $1.5 bln in 5-yr Eurobonds amid demand of $7.2 bln

MOSCOW. April 5 (Interfax) - VTB , Russia's second largest bank, raised $1.5 billion with the placement of five-year Eurobonds, a financial market source told Interfax.

When bookbuilding closed, demand from investors was reported at $6.5 billion.

However, in the end demand for the bonds amounted to $7.2 billion, the source said.