by Amruth Sundarkumar | Nov 22, 2022 | High Yield Bonds
Some of Gazprom’s dollar and euro denominated bonds rose over 7-10% yesterday. Its USD 4.95% 2028s were up by over 8 points to 71.27, yielding 12.66%. Its EUR 2.25% 2024s rallied over 5 points to 72.2, yielding 20.6%. Also, its EUR 3.897% Perp rose by 2 points...
by Amruth Sundarkumar | Nov 18, 2022 | High Yield Bonds
Gazprom’s Gaz Capital made a coupon payment on its outstanding €560.3mn bonds due 2023 as per a statement. Bloomberg notes that Gazprom earlier cancelled €439.7mn worth of notes by issuing “substitute” domestic bonds. Separately, a Swedish arbitration court has...
by Amruth Sundarkumar | Mar 3, 2022 | Investment Grade Bonds
Russia’s state-owned energy company Gazprom has wired funds to repay its $1.3bn 6.51% bonds due March 7, 2022, according to a Bloomberg source. The bond jumped to par from 50 cents on the dollar on Wednesday after the news. The company wired the cash on February...
