General Announcement::65 billion issuance of bonds guaranteed by JBIC

Issuer & Securities

Issuer/ Manager
JSC GAZPROM
Securities
PJSC GAZPROM GDR - US3682872078 - AAI
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Dec-2018 18:05:56
Status
New
Announcement Sub Title
65 billion issuance of bonds guaranteed by JBIC
Announcement Reference
SG181218OTHRWYBJ
Submitted By (Co./ Ind. Name)
Horizon LLC/ Yaroslav Gryaznov
Designation
Senior Analyst
Description (Please provide a detailed description of the event in the box below)
On 18 December 2018 GazAsia Capital S.A., a securities issuance vehicle of PJSC Gazprom, issued Yen 65 billion of bonds guaranteed by PJSC Gazprom and JBIC under its GATE facility. The bonds have been placed with qualified institutional investors (Tekikaku Kikan Toshika), bear an annual interest rate of 1.01 per cent. and mature at their principal amount on 18 December 2028.
GPB Financial Services Hong Kong Limited, J.P. Morgan Securities plc (acting through its affiliate, JPMorgan Securities Japan Co., Ltd.), Mizuho Securities Co., Ltd. and SMBC Nikko Securities Inc. acted as Joint Lead Arrangers in respect of the issuance.
The proceeds of the offering will be used to finance a loan to PJSC Gazprom. The proceeds of the loan to PJSC Gazprom will be used for general corporate purposes.

Attachments

2018.12.18. JBIC bonds.pdf
Total size =1416K