Galnaftogaz (GLNG: BUY) Places USD 5.94 Mln Bond.
4 July 2008
The placement of Series D bonds was executed on July 1. The bonds have a maturity of 1,820 days. The coupon rate is set at 12% for the first year and will be separately determined for later years. Coupon payments will be made quarterly. Galnaftogaz has also registered, but has not yet placed two other debt issues (Series E and Series F) for a total of USD 11.9 mln.
