Deals of the Year 2012: VTB

The overriding theme in central and eastern Europe in 2012, as with other emerging regions, was the dominance of the debt capital markets. As ever-decreasing yields in the developed world prompted a wave of liquidity into emerging market bond funds, borrowers across CEE were duly lifted by the flood.

VTB
Size $1 billion perpetual tier 1 bond issue
Bookrunners Citi, UBS, VTB Capital
return to the Emerging Europe Deals of the Year index

The overriding theme in central and eastern Europe in 2012, as with other emerging regions, was the dominance of the debt capital markets. As ever-decreasing yields in the developed world prompted a wave of liquidity into emerging market bond funds, borrowers across CEE were duly lifted by the flood.

This rising-tide effect, however, made the task of picking the year’s most notable transactions more challenging.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access