Support The Moscow Times!

VTB to Add to Eurobond

VTB is set to add at least 100 million Swiss francs ($96 million) to a eurobond issued last month, with the pricing expected in the next two days, IFR reported Monday.

The placement follows VTB’s issue of 400 million Singapore dollars ($295 million) of 2012 eurobonds in July and comes as Russian banks rush to fill their coffers with foreign currency to meet a pickup in loan demand from domestic companies. 

(Reuters)


Read more

We need your help now more than ever.

Independent media outlets and journalists in Russia are being increasingly targeted with “foreign agent” and “undesirable” labels, threatening the existence of the free press day by day.

Your donation to The Moscow Times directly supports the last independent English-language news source within Russia.