NVTK: OAO Novatek: NOVATEK closes rouble denominated Eurobond issue
UK Regulatory Announcement
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NOVATEK CLOSES ROUBLE DENOMINATED EUROBOND ISSUE
Moscow, 20 February 2013. OAO NOVATEK (“NOVATEK” and/or the “Company”)
announced today the closing of its four-year rouble denominated Eurobond issue
in an aggregate amount of RR 14.0 billion. The annual coupon rate is set at
7.75% with coupons payable semi-annually.
The Company’s CFO and Board member Mark Gyetvay stated: “We successfully
placed our first rouble denominated Eurobond issue and plan to use the
proceeds for refinancing of our short-term debt”.
Barclays, Gazprombank, Goldman Sachs International and Sberbank CIB served as
Joint Lead Managers on the issuance and Société Générale served as co-manager.
For further information, please visit www.novatek.ru or contact:
Press Service Investor Relations
+7 (495) 721 2207 +7 (495) 730 6013
OAO NOVATEK is Russia’s largest independent gas producer and the
second-largest natural gas producer in Russia. Founded in 1994, the Company is
engaged in the exploration, production, processing and marketing of natural
gas and liquid hydrocarbons. The Company’s upstream activities are
concentrated in the prolific Yamal-Nenets Autonomous Region, which is the
world’s largest natural gas producing area and accounts for approximately 84%
of Russia’s natural gas production and approximately 17% of the world’s gas
production. NOVATEK is an open joint stock company established under the laws
of the Russian Federation. The Company’s shares are listed in Russia on
MICEX-RTS Stock Exchange and the London Stock Exchange (LSE) under the ticker
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S under the U.S. Securities Act of 1933, as amended (the “Securities Act”),
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