Source: Gazprom raises bond offer to 40 bln rbl - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Source: Gazprom raises bond offer to 40 bln rbl

MOSCOW, Dec 13 (PRIME) -- Russian gas giant Gazprom has raised the offer of 4-year exchange bonds with a variable coupon to 40 billion rubles, a financial source told PRIME on Wednesday.

The company initially planned to offer at least 30 billion rubles of the bonds. The coupon will amount to the RUONIA rate plus a spread, and the final spread’s guidance stands at 130 basis points.

The bonds carry quarterly coupons, and the technical placement was preliminarily scheduled for December 19.

Gazprombank, brokerage company Region, Bank DOM.RF, and Russian Agricultural Bank will act as the organizers of the placement, while the gas giant’s subsidiary Gazprom Capital will act as the issuer of the bonds.

(90.2158 rubles – U.S. $1)

End

13.12.2023 15:36