Gazprom Neft to issue exchange bonds for 100 bln roubles
Edited by Rhod Mackenzie / 2015-02-27 11:47:14
The management of Gazprom Neft has approved a program of bonds issue for 100 bln roubles.
According to the representatives of the company, the amount of bonds will make up 100 bln roubles or its equivalent in foreign currency.
The period of circulation of bonds is up to 30 years from the date of issue.
The Board of Directors of Gazprom Neft at the meeting on February 26th 2015 considered the issue of approving the 1st part of the decision on the issue and approval of the prospectus of exchange bonds.
A. Dyukov in late Jan 2015 said that the company didn’t seriously need loans and the oil sector of Russia was not in the crisis state.