Russia's Gazprom to launch a roadshow Tuesday for $1.9 billion 10-year deal

By Paul A. Harris

St. Louis, July 8 - Russian natural gas giant OAO Gazprom plans to start a roadshow Tuesday for a $1.9 billion two-part eurobond offering, according to market sources.

The deal is expected to include a $640 million offering of amortizing notes due July 2013, with a 3.8-year average life.

Other structural details were not immediately available, one source said.

Deutsche Bank will run the books for the Rule 144A/Regulation S notes.

Proceeds will be used to refinance debt from the Blue Stream pipeline project.

Gazprom is a natural gas company based in Moscow.

© 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.