12 Dec 2016 17:27

Sibur offer nets $190 mln in Eurobonds maturing in 2018

MOSCOW. Dec 12 (Interfax) - A Sibur special-purpose vehicle, Sibur Securities, will purchase $190.02 million in Eurobonds maturing in 2018 under an offer Sibur announced in early December totaling up to $250 million, the company reported.

Sibur will pay $1,017.50 for each $1,000 bond.

Investors had until December 9 to apply under the offer.

ING and J.P. Morgan organized the deal. After the purchases, Eurobonds totaling $616.175 million will remain in circulation.