04:39 GMT +326 September 2018
Listen Live

    Fitch assigns BBB- rating to Gazprom's $30 bln EMTN program -1

    Get short URL
    0 10
    (Recasts, adds additional information in para 2)

    MOSCOW, October 16 (RIA Novosti) - Fitch has assigned a BBB- rating to Russian energy giant Gazprom's upcoming $30 bln Euro Medium Term Note (EMTN) program, the international rating agency said on Tuesday.

    Gazprom increased the size of its EMTN program from $15 billion to $30 billion. Under the program, the state-controlled natural gas monopoly makes payments on its loans. Payments on Gazprom bonds through the program are linked to the company's senior non-secured debt.

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment