New Issue: Russia's Gazprombank sells RUB 20 billion 7 7/8% notes due 2016 at par

By Christine Van Dusen

Atlanta, Jan. 15 - Russia's Gazprombank OJSC priced a RUB 20 billion issue of 7 7/8% notes due July 25, 2016 (Baa3/BBB-/) at par to yield 7 7/8%, a market source said.

Barclays, Citigroup and GPB Financial Services Ltd. were the bookrunners for the Regulation S transaction.

Gazprombank is a Moscow-based lender.

Issuer:	Gazprombank OJSC
Amount:	RUB 20 billion
Maturity:	July 25, 2016
Description:	Notes
Bookrunners:	Barclays, Citigroup, GPB Financial Services Ltd.
Coupon:	7 7/8%
Price:	Par
Yield:	7 7/8%
Trade date:	Jan. 15
Settlement date:	Jan. 24
Ratings:	Moody's: Baa3
	Standard & Poor's: BBB-
Distribution:	Regulation S

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