26.04.2010 - VTB to launch 'Islamic bond'
From Themoscowtimes.com: VTB Bank plans to launch an Islamic bond worth about $200 million in the second half after postponing from last year, when defaults and Dubai World's woes hit the market, a source familiar with the deal said. VTB has cut the size of the sukuk, or Islamic bond, from an original target of $300 million, the source said. According to a VTB document referring to the original planned launch, the three-year VTB-Leasing sukuk issue had been scheduled "for December 6th with a view of execution in mid-December 2009."........................................Full Article: Source
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