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

  • 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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.