19
Tue, Mar
48 New Articles

Akin Gump Advises Lukoil on USD 1 Billion Note Issuance

Akin Gump Advises Lukoil on USD 1 Billion Note Issuance

Russia
Tools
Typography
  • Smaller Small Medium Big Bigger
  • Default Helvetica Segoe Georgia Times

Akin Gump has advised PJSC LUKOIL on the completed issuance of USD 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. 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 Partners Alexey Kondratchick, Brude Mendelsohn, John Holton, Barbara Niederkofler, Steve Vine, and Bruce Simonetti, Senior Counsel Dmitry Shiryaev, Melissa Schwartz, Nnedi Ifudu Newke, and Louis Zivot, Counsel Jonathan Pico, Olga Te, Anna Semashko, Inderveer Hothi, and Alexander Urlyapov, and Associates Anna Kardash and Dallas Woodrum.