UPDATE: Russia’s Rosneft cuts 30 bln rbl bond guidance to 9.35–9.5%

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MOSCOW, Dec 20 (PRIME) -- Russian oil major Rosneft has narrowed the first coupon guidance for 30 billion ruble 10-year exchange bonds to 9.35–9.5% from 9.4–9.6%, a banking source told PRIME on Tuesday.

The new coupon guidance corresponds to a yield of 9.62–9.83% to a 5-year buyback offer.

The technical placement of the bonds is preliminarily scheduled for Friday. Gazprombank acts as the placement organizer.

(61.7931 rubles – U.S. $1)

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