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Stock impact report

Russia's Sibur says it raises $500 mln in 5-year eurobonds [Reuters]

Goldman Sachs Group, Inc. (The) (GS) 
Last goldman sachs group, inc. (the) earnings: 4/15 07:30 am Check Earnings Report
US:NYSE Investor Relations: goldmansachs.com/investor-relations
Company Research Source: Reuters
Russia's Sibur says it raises $500 mln in 5-year eurobonds MOSCOW, July 1 (Reuters) - Russia’s largest petrochemical company Sibur said on Wednesday it has raised $500 million following the offering of 5-year eurobonds on the Irish Stock Exchange. It said that the coupon rate is 2.95%, which is a record low for Russian corporate issuers. The coupon will be paid twice a year. The proceeds will be used to optimise the company’s loan portfolio and for general corporate purposes. Bank GPB International S.A., Citigroup Global Markets Limited, Goldman Sachs International, J.P. Morgan Securities Plc and VTB Capital Plc acted as the leading coordinators and bookrunners. The order book topped $1 billion, Sibur said. The eurobonds were sold to 94 investors, it added. (Reporting by Vladimir Soldatkin; editing by Jason Neely) Show less Read more
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