Russia VTB unlikely to place Brazil real bond-source

MOSCOW, Nov 24 (BestGrowthStock) – Russia’s second biggest lender
VTB (VTBR.MM: ) is unlikely to issue Brazilian real Eurobonds
despite holding a non-deal roadshow in the South American
country earlier this month, a banking source said on Wednesday.

“It (a deal) is unlikely, the market is volatile at the
moment,” the source told Reuters.

State-controlled VTB held a roadshow in Brazil in
mid-November, and at the time a source told Reuters that it was
considering a real-denominated Eurobond issue worth tens of
millions of dollars. [ID:nLDE6AH1SG]
(Reporting by Oksana Kobzeva; Writing by Toni Vorobyova;
Editing by Jon Loades-Carter)

Russia VTB unlikely to place Brazil real bond-source