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Published on 7/25/2007 in the Prospect News Emerging Markets Daily.

Russia's Gazprom talks its benchmark-sized dollar deal at 30-year Treasuries plus 220 to 225 bps

By Aaron Hochman-Zimmerman

New York, July 25 - OAO Gazprom issued talk of 30-year Treasuries plus 220 to 225 basis points for its upcoming dollar-dominated benchmark-sized notes (//BBB-), according to a market source.

Pricing is expected Thursday.

ABN Amro and Morgan Stanley will act as bookrunners for the Rule 144A and Regulation S deal.

The Moscow-based oil company is 50.002% controlled by the Russian government.


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