RNS Number : 1866O
OAO Novatek
05 February 2016
 

 

 

 

FOR IMMEDIATE RELEASE                                                      

 

NOVATEK Repays Eurobonds

 

Moscow, 5 February 2016. OAO NOVATEK announced today the Company has repaid the USD 600 million Eurobond issue according to the bonds maturity schedule. The bonds were originally issued in February 2011 for a five-year term with a stated coupon rate of 5.326%.

 

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For further information, please visit www.novatek.ru or contact:

 

Press Service                                                              Investor Relations

+7 (495) 721 2207                                                     +7 (495) 730 6013

press@novatek.ru                                                       ir@novatek.ru

 

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OAO NOVATEK is Russia's largest independent gas producer and the second-largest natural gas producer in Russia. Founded in 1994, the Company is engaged in the exploration, production, processing and marketing of natural gas and liquid hydrocarbons. The Company's upstream activities are concentrated in the prolific Yamal-Nenets Autonomous Region, which is the world's largest natural gas producing area and accounts for approximately 80% of Russia's natural gas production and approximately 16% of the world's gas production. NOVATEK is an open joint stock company established under the laws of the Russian Federation. The Company's shares are listed in Russia on Moscow Exchange (MOEX) and the London Stock Exchange (LSE) under the ticker symbol «NVTK».

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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