Lukoil $1.5 billion 3.875% eurobond issue

Overview:

• The Russian oil and gas giant Lukoil has issued $1.5 billion eurobonds with a coupon rate of 3.875% on the London Stock Exchange.
• The net proceeds will be used for refinancing indebtedness and other general corporate purposes. 
• Citigroup, Societe Generale and Gazprombank acted as joint lead managers.

Natasha Forrest - Researcher