February 19, 2018 |
Russian oil major Rosneft plans to collect bids for 10-year exchange bonds worth at least 20 billion rubles on Thursday, a banking source told PRIME on Monday.
The first coupon rate guidance amounts to 7.35–7.45%, which corresponds to a yield of 7.49–7.59% to a 6-year buyback offer.
The technical placement of the bonds is preliminarily scheduled for March 2. Gazprombank, VTB Capital, brokerage company Region, and Sberbank CIB will act as organizers, and Russian Regional Development Bank will be a co-organizer.
Issue: Rosneft, 002P-05
|Status||Country of risk||Redemption (offer)||Volume||Emission Rating (M/S&P/F)|
|Full company name||PJSC Rosneft|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Oil and gas|