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.