New Issue: Russia's Gazprom prices €900 million 3.7% five-year notes at par

By Christine Van Dusen

Atlanta, July 17 - Russia's OJSC Gazprom priced a €900 million issue of 3.7% notes due July 25, 2018 (Baa1/BBB/BBB) at par to yield 3.7%, a market source said.

The notes were talked at a yield in the 3¾% area.

BofA Merrill Lynch, Deutsche Bank, Gazprombank and JPMorgan were the bookrunners for the Regulation S deal.

Gazprom is a Moscow-based natural gas producer.

Issuer:	OJSC Gazprom
Amount:	€900 million
Maturity:	July 25 2018
Description:	Notes
Bookrunners:	BofA Merrill Lynch, Deutsche Bank, Gazprombank, JPMorgan
Coupon:	3.7%
Price:	Par
Yield:	3.7%
Trade date:	July 17
Settlement date:	July 25
Ratings:	Moody's: Baa1
	Standard & Poor's: BBB
	Fitch: BBB
Distribution:	Regulation S
Price talk:	3¾% area

© 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.