Slavneft may 26, will collect bids for the bonds by 10 billion rubles
PJSC “NGK “Slavneft” on may 26, will collect bids for 10-year bonds series 001Р-01 with a put option after 5 years with a volume of 10 billion roubles, has informed “Interfax” a source in the financial market.
The benchmark rate of the 1st coupon of 6.15-6.25% per annum, it corresponds to the yield to call option after 1 year at the level of 6.29-6.40% APR.
The bookbuilding investors will be held from 11:00 MSK to 15:00 GMT.
The organizers of BC “Region” and the Moscow credit Bank.
Terazosina scheduled for June 16.
The last time the company came to the debt market in November 2019, posting a 10-year bond issue with a volume of 10 billion rubles at the rate of 6.7% per annum with a put option after 3 years.
Currently in circulation are two bonding companies for a total volume of 20 billion rubles.
Slavneft was founded in 1994. Currently, it is among the ten largest Russian oil company, holds licenses for the exploration and production of oil and gas 34 license areas in Western and Eastern Siberia. Major oil and gas venture of the company is OJSC “Slavneft-Megionneftegaz”.
99.7% of shares of OAO NGK Slavneft on a parity basis under the control of “Rosneft” and “Gazprom (MCX:GAZP) oil.”