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 3/10/2020 in the Prospect News Emerging Markets Daily.

New Issue: GTLK Europe Capital lists $600 million 4.65% seven-year notes

By Rebecca Melvin

New York, March 10 – GTLK Europe Capital DAC is listing its $600 million 4.65% seven-year senior bonds, according to a notice on Tuesday.

The notes have been admitted to the Euronext Dublin official list and for trading on the regulated market.

As previously reported, the notes, which priced at par, are guaranteed by PJSC State Transport Leasing Co., a Yamalo-Nenets, Russia, provider of credit to industries.

J.P. Morgan Securities plc, Citigroup, Gazprombank, Renaissance Capital, Sova Capital, Sovcombank and VTB Capital are stabilizing managers for the Regulation S deal.

The company is a wholly owned direct subsidiary of GTLK Europe DAC and is ultimately owned by Russia’s State Transport Leasing.

Issuer:GTLK Europe Capital DAC
Guarantor:PJSC State Transport Leasing Co.
Issue:Notes
Amount:$600 million
Maturity:2027
Coupon:4.65%
Price:Par
Yield:4.65%
Announcement date:March 4
Distribution:Regulation S

© 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.