×
Texting is available for authorized users.
Please register or log in at the website.
×
Your request for online training has been sent. Cbonds managers will be in touch with you shortly. Thank you!

Rosneft to collect bids for secondary offering of bonds on Mar 22 – PRIME

March 13, 2018 | Prime

Russian oil major Rosneft plans to collect bids for a secondary offering of up to 30 billion rubles of classic bonds of the seventh and eighth series on March 22 following execution of a buyback offer, a banking source told PRIME on Tuesday.

The price guidance is set at no lower than par. The volume of the secondary placement will equal the volume of bonds offered for a buyback.

Rosneft sold the two bond issues each worth 15 billion rubles in March 2013 at an 8% rate annually for the first to the 10th coupons. The rate for further coupons until maturity in March 2023 will amount to 7.3% annually, which corresponds to a 7.43% yield to maturity.

Gazprombank, VTB Capital and Sberbank CIB are the organizers.

Company: Rosneft

Full company namePJSC Rosneft
Country of riskRussia
Country of registrationRussia
IndustryOil and gas

Share:

Similar news:
minimizeexpand
Cbonds is a global fixed income data platform
  • Cbonds is a global data platform on bond market
  • Coverage: more than 170 countries and 250,000 domestic and international bonds
  • Various ways to get data: descriptive data and bond prices - website, xls add-in, mobile app
  • Analytical functionality: bond market screener, Watchlist, market maps and other tools
×