VTB returns for tight $500m

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VTB returns for tight $500m

VTB Bank returned to the bond markets yesterday to self-place a $500m tap of its $1.5bn April 6% 2017s with only a small 3bp new issue premium. VTB Capital was joined by Citi and ING when the note was originally placed in April. The total deal size is now $2bn.

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