Gazprom Neft has raised syndicated credit at a rate of $2.15 billion under LIBOR + 1.5%
Edited by Anonymous / 2013-12-03 11:14:06
Gazprom Neft has raised syndicated credit at a rate of $2.15 billion under LIBOR + 1.5%. Initially, the company was going to raise $1-1.2 billion but later it decided to increase the attractable credit due to favorable market conditions.
In November, Gazprom Neft placed 10-year eurobonds for $1.5 billion under 6% per annum. Demand f or the securities was $4 billion.
In November, Gazprom Neft raised the syndicated credit of $700 million for 5 years within unsecured credit for $1 billion.
Translated by Nadezhda Poltoratskaya
