Akin Gump Advises LUKOIL in $1 Billion Eurobond Offering

(Moscow) – PJSC “LUKOIL” has announced the completion of the issuance of $1 billion of Rule 144A/Regulation S notes. The offering consists of 10-year notes with a coupon of 4.75 percent per annum.The notes have been issued by LUKOIL International Finance B.V. and guaranteed by PJSC “LUKOIL.”

A team from Akin Gump advised LUKOIL in the offering, from which the company intends to use the net proceeds for general corporate purposes, including the refinancing of certain existing indebtedness.

The Akin Gump team was led by oil and gas partner Natalia Baratiants and cross-border transactions partners Dan Walsh and Robert Aulsebrook. It also included the following individuals:

Cross-Border Transactions

Oil and Gas

Corporate

International Trade

Investment Management

Tax

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

 # # #