Russia's First Eurobond in 2016 Is a Sellout in Market

Corrected
  • Gazprom raised CHF500 million with 3.375 percent coupon
  • Gas producer started marketing the bond at 3.625 percent area

Gazprom PJSC, the world’s largest natural-gas producer, saw investor demand exceed four times the offer size as it tapped the Swiss capital market with the first benchmark foreign bond sale from Russia this year.

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