Rosneft sets the first coupon rate on its bonds issue at 11.9% per annum

Rosneft has set the first coupon rate on exchange bonds, which are being placed on Thursday, in the amount of 11.9% per annum. The company plans to place 14 issues of exchange bonds by public offering.

The total volume of 14 exchange bonds is 625 billion rubles with maturity of 6-10 years, including 4 new issues, registered yesterday. The company accepted applications for the bonds on Wednesday.

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