E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 1/21/2021 in the Prospect News Emerging Markets Daily.

New Issue: Russia’s Gazprom sells $2 billion eight-year loan participation notes

By Marisa Wong

Los Angeles, Jan. 21 – PJSC Gazprom subsidiary Gaz Finance plc priced $2 billion of eight-year fixed-rate loan participation notes (expected rating: //BBB) at par, according to a notice.

J.P. Morgan Securities plc, Gazprombank, IMI-Intesa Sanpaolo, SMBC Nikko and VTB Capital are the managers.

The notes will be listed on Euronext Dublin.

The natural gas producer is based in Moscow.

Issuer:Gaz Finance plc
Issue:Fixed-rate loan participation notes
Amount:$2 billion
Maturity:Eight years
Managers:J.P. Morgan Securities plc, Gazprombank, IMI-Intesa Sanpaolo, SMBC Nikko and VTB Capital
Price:Par
Expected rating:Fitch: BBB
Listing:Euronext Dublin

© 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.