Lukoil Placed RUR14 Billion in Non-Convertible Interest-Bearing Documentary Bonds
OREANDA-NEWS. Non-convertible interest-bearing documentary bonds to bearer of OAO LUKOIL, series 03 and 04, worth RUR14 billion were placed at the Moscow Interbank Currency Exchange (MICEX) today.
Based on the tender results conducted at the MICEX the coupon yield for the bonds, series 03, totalling RUR8 billion, with maturity of 5 years was set at 7.10% p.a. The coupon yield for the bonds, series 04, totalling RUR6 billion, with maturity of 7 years was set at 7.40% p.a.
Offering price of the bonds, series 03 and 04, is set at 100% of the bond nominal value. Early redemption and pre-emptive rights are not envisaged.
The arrangers of the issue were ABN AMRO Bank ZAO, Drezdner Bank ZAO and the Renaissance Capital Group.
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