Gazprom places additional issue of Eurobonds worth $200m

Gazprom placed an additional issue of 7-year Eurobonds worth $200m, a representative of the Trust and Investment Bank, the organizer of the issue, reported. He was quoted as saying the price of the additional issue was 100.625 percent of the nominal value, while the rate of return was 10.37 percent a year. Investors may sell their Eurobonds in three years. The lead managers of the issue are Credit Swiss First Boston and Salomon Smith Barney. As RosBusinessConsulting earlier reported, the original volume of Gazprom's Eurobond issue was $500m.

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