Companies & Finance

Gazprom to discuss placement of yen-denominated bonds

Gazprom will hold a series of meetings in the second week of October to discuss the company’s placement of yen-denominated bonds
By Staff reporter 1 October 2018 0 32736

Gazprom will hold a series of meetings in the second week of October to discuss the company’s placement of yen-denominated bonds, a source familiar with the Russian major’s plans told Interfax.

Sources had previously told Interfax that Gazprom is planning a club deal in yen to limit the number of participants. However, it will be an instrument structured under European law rather than a samurai bond, one of the sources said.

“An issue in yen equivalent to $1 billion has received the consent of...