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Russia’s Lukoil redeems $1.5 bln issue of 5-year bonds

MOSCOW, Apr 26 (PRIME) -- Russian oil major Lukoil has fully redeemed a U.S. $1.5 billion issue of 5-year bonds that the company placed in 2013 with an annual coupon of 3.416%, the company said in a statement on Thursday.

“Lukoil announces successful redemption of $1.5 billion worth of notes under Rule 144A/Regulation S,” the company said.

Principal debt amounted to $1.5 billion and the total coupon payment reached $25.62 million, Lukoil said.

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26.04.2018 18:33