Support The Moscow Times!

Tatneft Revises Bond Plan

Tatneft plans to sell 5 billion rubles ($161 million) of three-year bonds with a coupon of 7.25 percent to 7.45 percent, down from an earlier guidance of as much as 7.75 percent, Bank Zenit, an organizer of the sale, said Tuesday.

Investors are submitting bids for the offering until tomorrow, the statement said.

(Bloomberg)


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.