Report: Gazprom studies Eurobonds issuance in Russia, UK in 2019
MOSCOW, Jul 30 (PRIME) -- Russian gas giant Gazprom is considering issuing Eurobonds in Russia or the U.K. in 2019 to test market interest, Bloomberg reported on Tuesday citing a source close to the companyТs plans.
The company may use a newly established U.K.-based unit as its LuxembourgТs subsidiaries Gaz Capital and GazAsia are at risk due to a court dispute with UkraineТs state energy holding Naftogaz Ukrainy.
In 2018, the Stockholm arbitration court ruled that Gazprom must pay Naftogaz Ukrainy U.S. $2.56 billion for non-shipment of gas.
(63.5210 rubles Ц U.S. $1)