RaiffeisenBank International AG on July 25 placed €1.60 billion offloating-rate notes, Cbonds reported July 26.

The first tranche, which matures July 29, 2020, is for €700million and carries a coupon of three-month EURIBOR plus 0.6%, with a zeropercent floor.

The €900 million second tranche, which matures July 29,2021, carries a coupon of three-month EURIBOR plus 0.65%.

RBI Group was the sole bookrunner for both deals.