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Russia AvtoVAZ plans $100 mln credit-linked notes

MOSCOW, Feb 18 (Reuters) - Russia's biggest car maker, AvtoVAZ , said on Tuesday it planned to issue about $100 million in credit-linked notes.

"This year we are planning credit-linked notes. There is no point in going to the market with any sum less than $50 million," Alexei Akinshin, senior vice president at Vneshtorgbank, financial adviser on the deal, told a news conference.

"It would seem that a minimum of $100 million is the sum we could work with."