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Rosneft placed Eurobond issue

Rosneft successfully placed on international capital markets its debut Eurobond issue with the value of USD3 billion. The Eurobonds are divided into two tranches, one tranche of USD1 billion with a maturity date of March 6, 2017 and a coupon rate of 3.149 percent and the second tranche of USD2 billion with a maturity date of March 6, 2022 and a coupon rate of 4.199 percent. The value of applications on the subscription was USD25 billion, with more than 1,000 applications for the two tranches of the issuance. The coordinators of the Eurobond issue placement were Barclays Bank, Citigroup Markets Limited, JP Morgan Securities, and VTB Capital. The leading managers of the issue are Deutsche Bank AG (London), Merrill Lynch International, Morgan Stanley & Co. International, and GPB Financial Services Ltd. The Russian Regional Development Bank (IBRD) acted as the manager of the Eurobond placement. 

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