Russia: Gazprom Kapital Places Bonds

Gazprom Kapital, a subsidiary of Gazprom, placed bonds worth RUB 30 billion at the MICEX Stock Exchange.

This is one of the biggest and unique transactions in the local corporate bond market – for the first time in the history of the domestic bond market 3 bond issues with varying maturities and volumes were placed simultaneously.

The bond rates hit record lows for corporate borrows in the last 18 months.

[mappress]

LNG World News Staff, February 22, 2013