17/10/2017
Gazprom Neft successfully completes RUB25 billion placement of 001P-03R-series exchange-traded bonds with a 7.85-percent coupon rate
Gazprom Neft (rated AAA-RU by the Analytical Credit Rating Agency (ACRA)) has successfully closed the book building for its 001R-03R-series exchange-traded bonds, with a total nominal value of RUB25 billion, a maturity of five years, and a semi-annual coupon period. The company plans to secure a rating for its latest bond issue from the ACRA.
High demand for the offering from all main categories of market investors, together with 55 applications from various accounts and a more than two-fold oversubscription, allowed Gazprom Neft to close the book with a coupon rate of 7.85 percent per year.
Sberbank CIB and VTB Capital acted as arrangers, with Sberbank CIB acting as placement agent. Settlement will take place on 23 October 2017 on the Moscow Exchange (MOEX).
Alexei Yankevich, Deputy CEO for Economics and Finance, Gazprom Neft, commented: “A high level of interest from investors in the company’s latest bond placement allowed us to increase the size of the offering, from the RUB20 billion initially planned, to RUB25 billion. This issue not only saw us achieve the lowest coupon rate of all Russian corporate bond placements since the end of 2013, but also the lowest rate in Gazprom Neft’s entire placement history — which is compelling testament to the company’s effective operations on the Russian bond market.”
Другие новости этого раздела:
23/01/2024
Mosaic ожидает спрос на удобрения в Бразилии в объеме 46 миллионов тонн в этом году
24/09/2022
Первая партия низкоуглеродного аммиака отправилась из Абу-Даби в Германию
18/11/2021
Acron to Reduce UAN Output in Favour of Dry Fertilisers
24/10/2021
«Омский каучук» обновил производство кумола и изопропанола
«Сибур» одобрил гарантии финансирования «Амурского ГХК» на 10 млрд $
Mitsubishi Chemical покупает патент полиэфира из биомассы у Mitsui
23/07/2021
NikoMag will increase production capacity of its magnesium hydroxide plant
23/04/2021
Uniper закроет 10% потребности Германии в зеленом водороде
02/04/2020
Production stopped at fertiliser units at Taloja in Maharashtra
11/03/2020
LANXESS achieves full-year target for 2019
02/03/2020
The Mosaic Company reported a net loss of US$1.07 billion for full year 2019
12/02/2020
28/08/2019
Asian Helsinki Chemicals Forum will take place 24-25 oct 2019
24/05/2019
Helsinki Chemicals Forum took place in the capital of Finland
29/03/2019
Press release: Lukoil CEO and Iraq Prime Minister discuss future cooperation