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GC Asia
Lukoil increases Eurobond to $3bn after book hits $9bn
Lukoil printed a $3bn dual tranche bond from a $9bn book on Wednesday evening in London, increasing the deal from the originally targeted size of $2.5bn.
The deal, which marked Lukoil’s return to the market after an absence of three years, also defied the weaker secondary market on Thursday morning, staying just above par. BNP Paribas and Citi arranged the deal.
“The company originally had up to $2.5bn in mind, but the quality of the ...Already a subscriber? Login
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