Demand for Tatneft’s 15 bln rbl bonds at 50 bln rbl

MOSCOW, Dec 18 (PRIME) -- Demand for a 3-year 15 billion ruble exchange bonds of Russian oil company Tatneft amounted to about 50 billion rubles, the company said in a statement late Tuesday.

The initial coupon guidance stood at 6.6-6.7% annually, which corresponded to a yield of 6.77-6.87%, the final coupon guidance amounted to 6.45%.

The issue carries quarterly coupons. The technical placement was preliminarily scheduled for December 24.

Bank Zenit, Credit Bank of Moscow, and Sberbank CIB are the organizers of the placement.

(62.5326– U.S. $1)

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