January 23, 2017 |
|Russian oil pipeline monopoly Transneft plans to offer 7-year exchange bonds totaling 15 billion rubles on Thursday, a banking source told PRIME on Monday.|
The first coupon guidance was set at 9.2–9.4% annually, which corresponds to a 9.41–9.62% yield to maturity.
The issue will carry semiannual coupons.
Gazprombank will act as the organizer of the placement.
|Full company name||Transneft Public Joint Stock Oil Transporting Company|
|Country of risk||Russia|
|Country of registration||Russia|
|Industry||Oil and gas|