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Published on 3/29/2017 in the Prospect News Emerging Markets Daily.

Russia’s Gazprom launches £850 million seven-year loan-participation notes at 4¼%

By Christine Van Dusen

Atlanta, March 29 – Russia’s Gazprom OJSC – via Gaz Capital SA – launched a £850 million offering of loan-participation notes due in seven years at a yield of 4¼%, a market source said.

JPMorgan, Deutsche Bank, Gazprombank and VTB Capital are the bookrunners for the Regulation S deal.

Gazprom is a Moscow-based natural gas producer.


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