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Published on 3/14/2018 in the Prospect News Emerging Markets Daily.

Gaz Capital launches €750 million eight-year notes to yield 2½%

By Rebecca Melvin

New York, March 14 – Russia’s Gaz Capital SA has launched €750 million eight-year notes to yield 2½% with final terms expected to be fixed later Wednesday, according to a syndicate source.

J.P. Morgan Securities plc, Renaissance Capital, Deutsche Bank, Gazprombank and VTB Capital are the bookrunners for the Regulation S deal.

Moscow-based Gazprom is Russia’s largest state-owned energy company.


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