| CCY | SZE(M) | TNR | MTY | RNK | MO | SP | FI | TYPE | BNCH | IPT | GDNC | SPRD | CPN | NIC | PRICE |
|---|
| EUR | 1,000.000 | - | - | - | Ba1 | BB | BB+ | Fixed | Swaps | 4.375-4.5% | 3.9-4.25% a | 434.6 | 3.90% | - | 100.00000 |
| USD | 1,400.000 | - | - | - | Ba1 | BB | BB+ | Fixed | Swaps | Low 5%s | 4.625-5% | 426.4 | 4.60% | - | 100.00000 |
Tranche Comments
Perp NC 5.25: Book size: 2300; Redemption: 2026-01-26; Registration: 144A/Reg S; Comments: EUR1bn Perp NC5.25yr hybrid RegS/144A. With USD hyb. Ba1/BB/BB+. GCs/struc Gaz/JPM(B&D), JBs CA-CIB/Sber. IPTs 4.375%/4.5%, guidance 4.25% area, revised 4%/4.125%, exp 750m, launch 1bn at 3.9%, bks >2.3bn, Steps: 25bp 1/31, 75bp 1/46. 5.25yr MS+434.6bps. 144a ISIN: XS2243635757;
Perp NC 5.25: Book size: 4400; Redemption: 2026-01-26; Registration: 144A/Reg S; Comments: USD1.4bn Perp NC5.25yr hybrid RegS/144A. With EUR hyb. Ba1/BB/BB+. GCs/struc Gaz/JPM(B&D), JBs CA-CIB/Sber. IPTs low 5%s, guidance 4.875%/5%, revised 4.625%/4.75% for max 1.4bn, bks >4.4bn, Steps: 25bp 1/31, 75bp 1/46. T+426.4bp( T 0 ¼ 09/30/25 spotted @ 99-23 / 0.307%)( T 0 ⅜ 09/30/27 spotted @ 99-02+ / 0.510%). 144a ISIN: XS2243624470;
Guarantor(s)
Gazprom (borrower)