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Article: United States : Lukoil launches sale of $1.5 bln in debt.
- Article from:
- TendersInfo
- Article date:
- October 31, 2009
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Byline: manish03
LUKOIL (LKOH.MM), Russia's second largest oil producer, launched for sale $1.5 billion in five-year and 10-year debt on Thursday, according to market sources familiar with the details of the deal.
The company intends to sell $900 million worth of five-year debt with a yield of 6.50 percent, in-line with earlier guidance.
A 10-year tranche worth $600 million was launched with a yield of 7.375 percent, also in-line with earlier guidance.
The ...