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Bank GPB International S.A. acted as a Joint Lead Manager and Bookrunner for PJSC "Gazprom" loan participation notes issued by Gaz Capital S.A.

26.11.2018

Bank GPB International S.A. acted as a Joint Lead Manager and Bookrunner for PJSC "Gazprom" loan participation notes issued by Gaz Capital S.A.

On 16 November 2018 PJSC Gazprom closed the issuance of Series 47 loan participation notes in the amount of 1 billion EURO with a 5+ year tenor and 2.949% coupon. The notes were issued by Gaz Capital S.A., a Luxembourg special purpose vehicle, under Gazprom's EMTN Programme pursuant to Regulation S under the U.S. Securities Act of 1933. The Notes were listed on Euronext Dublin (former Irish Stock Exchange)
 
Bank GPB International S.A. acted as a bookrunner and joint lead manager with respect to the notes.

 
Investment-grade ratings were obtained by PJSC “Gazprom” from all three international rating agencies: Baa3/BBB-/BBB- (Moody’s/S&P/Fitch.). The final book was 1.5x oversubscribed. Ca.150 investors participated in the final allocations.