Emerging Europe deal of the year – TNK-BP

- Credit staff
- 06 Dec 2010

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Issuer: TNK-BP
Issue date: January 27, 2010
Type: Senior unsecured notes
Ratings: Baa1/BBB-/BBB- (Moody’s/S&P/Fitch)
Size: $1 billion
Maturities: February 2, 2015; February 2, 2020
Coupon: 6.25%, 7.25%
Issue spread: 374bp + mid-swaps; 373bp + mid-swaps

Russian oil producer TNK-BP made its return to the international bond markets for the first time since October 2007 with a $1 billion Eurobond offering in January.

Despite the shortage of Russian corporate paper around that time – no deals were issued

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact info@risk.net to find out more.

You are currently unable to copy this content. Please contact info@risk.net to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@risk.net

More on Awards

Awards

Joining the dots: banks leverage tech advancements for the future of regulatory reporting

The continued evolution of regulatory frameworks is creating mounting challenges for capital markets firms in achieving comprehensive and cost-effectiveawa compliance reporting. Regnology discusses how firms are starting to use a synthesis of emerging…