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Russia's Rosneft raises its bond placement to 15 bln yuan - Ifx

Russia's Rosneft raises its bond placement to 15 bln yuan - Ifx

Reuters · 09/13/2022 11:33
Russia's Rosneft raises its bond placement to 15 bln yuan - Ifx

- Russia's largest oil company Rosneft ROSN.MM increased its bond placement to 15 billion yuan ($2.2 billion) from an initially planned "at least" 10 billion yuan, Interfax agency reported on Tuesday, citing a financial market source.

It said the final yield guidance for the 10-year bonds was set at 3.05%.

A source told Reuters last week that the applications for the bonds were due to be collected from 1100 to 1500 Moscow time on Sept. 13 and a preliminary placement date was set for Sept. 20.

Russia's GazpromBank, Russian Regional Development Bank, Credit Bank of Moscow, and BK Region will act as organisers of the offering.

($1 = 6.9245 Chinese yuan renminbi)


(Reporting by Reuters; editing by Jonathan Oatis)