International bonds: Gazprom, 8.625% 28apr2034, USD (2)
XS0191754729, GAZPR-34

• Placement method
  Open subscription
• Placement
  28/04/2004
• Initial issue price (yield)
  100% (8.63%)
• Settlement Duration
  10.98 years
• Bids
  2,700,000,000 USD
• Geographic breakdown
  47% - USA, 29% - UK, 11% - EU, 7% - Russia, 2% - Asia, others – 4%.
• Investor breakdown
  46% Fund Managers; 19% Banks; Hedge Fund 15%, Insurance Companies 11%, Retail Banks 4%, others 5%.
• Listing
  Moscow Exchange, XS0191754729, lot size - 1 itm (Third level, 08.10.2014), Luxembourg S.E., Berlin Exchange

• Bookrunner
  Credit Suisse, Deutsche Bank
• Co-lead manager
  ROSBANK, RBS, Commerzbank, Dresdner Kleinwort, Bank of America Merrill Lynch, Renaissance Capital, UBS

• Date of inclusion on the list
  19/09/2012

• CBR correction coefficient
  0.90

• Discount up to 6 days (start / min / max)
  10.00 / 7.50 / 12.50
• Discount from 7 to 14 days (start / min / max)
  10.00 / 7.50 / 12.50

• Discount up to 6 days (start / min / max)
  7.50 / 5.00 / 10.00
• Discount from 7 to 14 days (start / min / max)
  7.50 / 5.00 / 10.00
• Discount from 15 to 90 days (start / min / max)
  7.50 / 5.00 / 10.00
• Discount from 91 to 180 days (start / min / max)
  7.50 / 5.00 / 10.00
• Discount from 180 to 365 days (start / min / max)
  7.50 / 5.00 / 10.00

• Change of Control
• Collective Action Clause
• Covenant Suspension/Fall-Away
• Cross Default
• Designation of Restricted and Unrestricted Subsidiaries
• Events of Default
• Limitation on Business Activities
• Limitation on Dividend and Other Payment Restrictions Affecting Restricted Subsidiaries
• Limitation on Indebtedness
• Limitation on Investments
• Limitation on Liens
• Limitation on Restricted Payments
• Limitation on Sale of Assets
• Limitation on Sale/Leaseback
• Limitation on Subsidiary Debt
• Limitation on layering (anti-layering)
• Limitations on transactions with affiliates
• Merger Restrictions
• Rating Trigger

The bonds were placed under the borrowing program worth $5 bln.
According to the leads data 51 per cent of demand came from the US, with European investors taking 39 per cent and Russians 8 per cent of the issue.

21/01/2021	New bond issue: Gazprom issued international bonds with a 2.95% coupon for USD 2,000.0m maturing in 2029
14/10/2020	Gazprom has placed its first corporate perpetual subordinated Eurobonds in dollars and euros
14/10/2020	New bond issue: Gazprom issued international bonds for USD 1,400.0m
14/10/2020	New bond issue: Gazprom issued international bonds for EUR 1,000.0m
13/10/2020	Gazprom is collecting applications for perpetual Eurobonds in dollars and euros
06/10/2020	Gazprom plans to place perpetual Eurobonds in dollars and euros
31/08/2020	Aeroflot’s, Gazprom’s 2 Q 2020 Y IFRS results were published
14/07/2020	Gazprom’s 1 Q 2020 Y IFRS results were published
23/06/2020	Fitch Ratings affirms Gazprom at "BBB" (LT Int. Scale (foreign curr.) credit rating); outlook stable
23/06/2020	Fitch Ratings affirms Gazprom at "BBB" (LT Int. Scale (local curr.) credit rating); outlook stable

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