Federation of Russia (RUGV) 2019-2

CCYSZE(M)TNRMTYRNKMOSPFITYPEBNCHIPTGDNCSPRDCPNNICPRICE
USD1,500.0009Mar-29Sr. Unsecured--BBB-FixedYLD4.00% a3.95-4.00%-4.38%-103.40100
USD1,000.00015Mar-35Sr. Unsecured--BBB-FixedYLD4.45% a4.35-4.40%-5.10%-109.07900
Tranche Comments
9 yr: Registration: 144A/Reg S; Comments: USD1.5bn tap of USD1.5bn 4.375% Mar 2029 RegS/144A. With 2035 tap. BBB- Fitch. GAZ/VTB(B&D). IPTs 4% area, guidance 3.95%/4%, tbp 3.95% for 1.5bn. Total books closed c. 7bn; 15 yr: Registration: 144A/Reg S; Comments: USD1bn tap of USD3bn 5.1% Mar 2035 144A/RegS. With Mar 2029 tap. BBB- Fitch. Gazp/VTB(B&D). IPTs 4.45% area, guidance 4.35%/4.4%, tbp 4.3% for 1bn. Total books closed c. 7bn;