Petropavlovsk raises $125m to refi old CB

Shares in Petropavlovsk, the London-listed Russian gold miner, rose 7.4% on Thursday after the company issued a new $125m convertible bond to refinance and older note due in 2020.

  • By Aidan Gregory
  • 20 Jun 2019

Gazprombank, JP Morgan, Renaissance Capital and VTB Capital were bookrunners on the placing and tender offer for the old bonds.

The issuer, Petropavlovsk 2010 Ltd, is unrated, but the new July 2024 bonds are guaranteed by Petropavlovsk, which is rated B- with a negative ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.

All International Bonds

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 299,908.40 1348 8.58%
2 Citi 269,633.69 1139 7.71%
3 Bank of America Merrill Lynch 233,702.48 955 6.69%
4 Barclays 215,977.22 873 6.18%
5 Goldman Sachs 171,316.37 716 4.90%

Bookrunners of All Syndicated Loans EMEA

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 BNP Paribas 34,547.72 148 7.49%
2 Credit Agricole CIB 33,319.19 143 7.23%
3 JPMorgan 25,404.62 68 5.51%
4 Bank of America Merrill Lynch 23,368.44 65 5.07%
5 SG Corporate & Investment Banking 22,565.04 105 4.89%

Bookrunners of all EMEA ECM Issuance

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 JPMorgan 9,273.57 56 10.30%
2 Morgan Stanley 8,122.33 40 9.02%
3 Goldman Sachs 7,738.32 41 8.59%
4 Citi 6,426.54 47 7.14%
5 UBS 4,913.18 26 5.46%