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)
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