Russia's Rosneft Opens Books For $486 Million In Domestic Bonds

Reuters

MOSCOW, Dec 20 (Reuters) - Russia's biggest oil company Rosneft has opened books for a new issue of domestic rouble bonds worth 30 billion roubles ($486 million), a financial market source said on Tuesday.

The company has set a coupon guidance in a 9.4-9.6 percent range and will be accepting bids on Tuesday afternoon. The bonds have a 10-year maturity and a five-year put option.

(Reporting by Elena Orekhova and Yelena Fabrichnaya; Writing by Maria Kiselyova; Editing by Katya Golubkova)

Copyright 2016 Thomson Reuters. Click for Restrictions.

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