Russia’s Gazprom to buy back some of $3 billion 4 3/8%, 6% notes

By Susanna Moon

Chicago, Oct. 29 – Gazprom Neft PJSC said its GPN-Finance LLC subsidiary is considering purchasing some of the $1.5 billion 4 3/8% loan participation notes due Sept. 19, 2022 and $1.5 billion 6% loan participation notes due Nov. 27, 2023 issued by GPN Capital SA.

The repurchases will be made from time to time in the open market, in privately negotiated transactions or in a combination via a broker.

The open market repurchases will end at the latest on the maturity date of the notes, according to an announcement.

Gazprom Neft is a Moscow-based oil producer and part of gas company OJSC Gazprom.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.