Source Pravda.Ru

Gazprom to register bond issue soon

The Russian gas giant Gazprom has sent documents to the Federal Securities Commission for the registration of a three-year issue of RUR10bn ($330.61m) in bonds, sources in Gazprom told RBC. As reported earlier, on June 30, 2003, Gazprom's Board of Directors decided to float bonds. The cost of flotation will be set at an auction on the flotation's starting date. The coupon rate will amount to 4 percent. The minimal flotation cost will be 94.69 percent, and the yield to maturity will come to 10.5 percent annually. The issue will be done by public subscription on the Moscow Interbank Currency Exchange (MICEX). The attracted funds will be used for capital investments and financing the company's short-term liabilities.

© &to=http://www.rbcnews.com' target=_blank>RBC

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

The US is going to ban exports of Iranian oil to the world market from November 5 of this year. In turn, Iran threatens to block the passage of oil tankers of the Gulf countries through the Strait of Hormuz

Will Iran close the Strait of Hormuz to trigger global oil crisis?

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Putin-Trump meeting to decide the future of Ukraine
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