April 21, 2017 |
Russian oil pipeline monopoly Transneft plans to accept bids for 30 billion rubles of 3.5-year exchange bonds on April 25, a banking source told PRIME on Friday.
The first coupon guidance was set at 8.9–9.0% annually, which corresponds to a 9.1–9.2% annual yield.
The issue will carry semiannual coupons.
VTB Capital will act as the organizer.
The technical placement is slated for May 3 preliminarily.
|Full company name||Transneft Public Joint Stock Oil Transporting Company|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Oil and gas|