Gazprom tightens guidance for seven and 12 year bonds, books at €6.5bn

Russian state owned oil and gas company Gazprom has tightened price guidance for its euro denominated notes to 215bp over mid-swaps for its seven year note and 245bp over for its 12 year deal. Books for the deal are closed and amount to €6.5bn for the two tranches, with some bias towards the seven year.