Gazprom to hold book building for 15 bln rubles in bonds from 11:00 a.m. until 3:00 p.m. Feb 9
MOSCOW. Feb 9 (Interfax) - LLC Gazprom Capital, a Gazprom special purpose vehicle (SPV), is holding a book building in 15 billion rubles in 10-year series Bo-05 exchange-traded bonds from 11:00 a.m. to 3:00 p.m. Moscow time on February 9, the company said in a statement.
The exact time of the book opening was not reported earlier.
The technical placement of the bonds is planned for February 15.
Yield guidance for the first coupon of the bonds is 9-9.2% pa, corresponding to yield of 9.2%-9.41% to maturity.
The bonds, par value 1,000 rubles each, have an offer in seven years and will pay a semi-annual coupon. Gazprom itself is guaranteeing the bonds.
VTB Capital and Sberbank CIB are organizing the offering.
Gazprom has two series of exchange bonds worth a combined 30 billion rubles outstanding. Gazprom Capital has two classic bond issues worth 15 billion rubles in circulation.