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Transneft offers bond for RUR65 billion

The largest oil pipeline company in Russia Transneft made a decision to offer for sale a 10-year bond valued at RUR 65 billion. The bond was offered to 14 banks.

Among the banking establishments that expressed interest in purchasing the bond are Agricultural Bank (Rosselkhozbank), Alfa Bank, Bank of Moscow, Bank Rossiya, Gazprombank, NOMOS-Bank, Promsvyazbank, Raiffeisenbank, Rosbank, Sberbank, UniCredit Bank, UralSib Bank, Vneshprombank, and VTB Bank.

The bond was released for sale in September based on the decision of Transneft’s boards of directors.

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