Gazprom Seeks Return to Eurobond Market First Time This Year
- Investor meetings planned in Paris, Frankfurt, London Oct. 5-7
- Natural-gas exporter last sold Eurobonds in November 2014
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Gazprom PJSC, the world’s biggest natural-gas supplier, may return to the international capital markets next week in an attempt to kick-start Russian Eurobond sales after an 11-month break.
The state-run company is looking to raise 1 billion euros ($1.1 billion) in bonds maturing in four to five years, according to a person familiar with the plans who asked not to be identified because the information is private. Gazprom will hold investor meetings in Paris, Frankfurt and London Oct. 5-7, another person said. Banca IMI SpA, JPMorgan Chase & Co. and UniCredit SpA have been hired to organize the meetings.