Opening of order book for replacement of Gazprom’s Eurobonds of series 9 with Russian bonds

In line with the decision of PJSC Gazprom, Gazprom capital LLC will place an issue of Russian bonds replacing the Eurobonds of Gaz Finance plc of series 9 for the amount of USD 1 billion (coupon rate – 3.5 per cent per annum, maturity date – July 14, 2031; ISIN: XS2363250833/XS2363251997). The only Eurobonds to be accepted for replacement are those the rights to which are recorded in Russian depositories. Gazprom will serve as the guarantor for the replacement bonds.

Russian bonds will be placed via public subscription at the Moscow Exchange and over-the-counter market.

The applications for participating in the exchange of series 9 Eurobonds for replacement bonds shall be submitted from 10:00 am (Moscow time) on December 2, 2022, to 06:00 pm (Moscow time) on December 12, 2022. The exchange-related settlements are planned to be performed in the period from December 13 to 15, 2022.

The public irrevocable offer is available at the webpage of the issuer: https://gazpromcapital.ru/fileadmin/f/events/2022/2022.12.02-oferta-9.pdf (in Russian).

For any exchange-related inquiries, please contact the placement agent – Bank GPB (JSC): Exchange@gazprombank.ru.