Akin Gump Advises LUKOIL in $1 Billion Eurobond Offering

November 2, 2016

Reading Time : 1 min

Contact:

Jacinta O'Shea-Ramdeholl

Director of Communications

Sarah Richmond

Senior Communications Manager

(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.

 # # #

Share This Insight

© 2024 Akin Gump Strauss Hauer & Feld LLP. All rights reserved. Attorney advertising. This document is distributed for informational use only; it does not constitute legal advice and should not be used as such. Prior results do not guarantee a similar outcome. Akin is the practicing name of Akin Gump LLP, a New York limited liability partnership authorized and regulated by the Solicitors Regulation Authority under number 267321. A list of the partners is available for inspection at Eighth Floor, Ten Bishops Square, London E1 6EG. For more information about Akin Gump LLP, Akin Gump Strauss Hauer & Feld LLP and other associated entities under which the Akin Gump network operates worldwide, please see our Legal Notices page.