Gazprom brings rare 10 year as Evraz funds buy-back

Moscow Day 230x150
By Lucy Fitzgeorge Parker
16 Mar 2017

Russian corporates continued to prove popular with dollar bond buyers this week as Gazprom returned to the currency after an absence of more than three years and Evraz saw good demand for both legs of its latest liability management exercise.

Gazprom on Thursday opted for the 10 year maturity for its first dollar issue since November 2013, becoming only the second Russian corporate to do so since the end of that year.

Investors were appreciative, allowing the Russian energy ...

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