New CLN issue for Salavatnefteorgsintes
November 3, 2005
MDM-Bank are currenlty marketing a new CLN issue for Salavatnefteorgsintes, JSC is one of Russia's largest independent integrated refineries and petrochemical companies. The government of Bashkortostan owns 55% of the company, it is trust managed by Gazprom.
Borrower Salavatnefteorgsintes, JSC
Sole Lead OJSC MDM-Bank
Type Credit Linked Notes
Issuer Dresdner Bank AG
Amount US$ 100 mm
Maturity 3.5 years , [ 1 or 2 year Put/Call - TBD]
YTM [8.00% area]
Roadshow: Wed-Thu 9 -10 Nov London
Fr 11 Nov Geneva [Zurich]
The book will be closed in mid-November.
Company — Gazprom Neftekhim Salavat
Full nameOAO Gazprom Neftekhim Salavat
IndustryChemical and petrochemical industry