Novatek has settled euro bonds for $600 mln

The bonds were issued in February 2011 for 5 years at the coupon rate of 5.326%.

Novatek has settled the issue of euro bonds for $600 mln according to the schedule.

Novatek was reported to have to settle bonds in roubles for 20 bln roubles on April 1st 215-March 31st 2016 and 5-year euro bonds at the volume of $600 mln.

By April 2016 Novatek is to settle 88.515 bln roubles of loans and credits. The stake of the long-term debt for settlement is 81.896 bln roubles, short-term -6.619 bln roubles.

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