off-the-wire

Gazprom offers to buy back 2023 Swiss franc Eurobonds

Kitco Media
By Reuters
Published:
Updated:
Reuters



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MOSCOW, Feb 15 (Reuters) - Russian energy giant Gazprom has offered to buy back its Swiss franc-denominated Eurobonds maturing in March 2023, its subsidiary Gazprom Capital said on Wednesday. Gazprom may buy up to 150,000 bonds with a face value of 5,000 Swiss francs ($5,425) each, totalling up to 750 million francs ($813.8 million), it said. The offer is valid from Feb. 15-17, it added. ($1 = 0.9216 Swiss francs) (Reporting by Reuters; Editing by Alison Williams)

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