In the middle of November, Gazprom Neft can raise syndicated credit of $1-1.2 billion

In the middle of November, Gazprom Neft can raise syndicated credit of $1-1.2 billion. The interest rate can be 150 basis points to LIBOR. Earlier the market sources told to Prime Agency that the company was going to raise syndicated credit of $1 billion. In November, Gazprom Neft can enter Eurobonds market with the new issue at benchmark volume ($0.5 – 1 billion) within the Eurobonds program for $10 billion registered in November.

Translated by Nadezhda Poltoratskaya       

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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