Gazprom places 2 tranches of Eurobonds in Euro for 7 and 12 years

Gazprom has placed 2 tranches of Eurobonds in Euro for 7 and 12 years. The orienting point is 230 basis points  above LIBOR for  the 7-year stocks, and 260 basis points for the 12-year stocks to average market swaps. The picing is awaited today.

On March 11-12, Gazprom held the meetings with the investors in Europe for the possible replacement of Eurobonds LPN of Gazprom in Euro of series 30 and 31. The road show organizers are Credit Agricole CIB, J. P. Morgan and Gazprombank.

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