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Demand for Gazprom's eurobonds reaches 5 billion euros

July 18, 2013, 3:16 UTC+3
Gazprom has announced final yield guidance of 3.75 percent on its upcoming five-year bond
1 pages in this article
Photo ITAR-TASS

Photo ITAR-TASS

LONDON, July 18 (Itar-Tass) - The demand for euro-denominated Gazprom bonds has reached 5.5 billion euros, a London City source, involving in preparing the issue, told Itar-Tass.

Initially, it was planned that Gazprom would float one billion euros worth of bonds, but a demand this powerful can change the situation, according to the source. Gazprom has announced final yield guidance of 3.75 percent on its upcoming five-year bond.

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