Source: Gazprom to offer 30 bln rbl of perpetual bonds Jun 18

MOSCOW, Jun 10 (PRIME) -- Russian gas giant Gazprom plans to collect bids for at least 30 billion rubles of perpetual bonds on June 18, a financial source told PRIME on Thursday.

The first coupon guidance amounts to 160–175 basis points to 5-year OFZ government bonds. The bonds will be placed among qualified investors, companies.

The issue carries semiannual coupons. The first call option is scheduled for 4.5 years, further options will be held each five years at 100% of a face value.

Technical placement is scheduled for June 25. A 100% affiliate Gazprom Capital will act as the issuer, Gazprombank, Sberbank CIB, VTB Capital, Credit Bank of Moscow, Sovcombank and brokerage company Region as the organizers.

(72.0829 – U.S. $1)

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