Clifford Chance has advised Russia's SIBUR gas processing and petrochemical company on its benchmark USD 500 million 3.45% Eurobonds issue due 2024.
According to SIBUR's press release, its new Eurobonds were oversubscribed more than 2.5 times with a total demand exceeding USD 1.3 billion. The Eurobonds were purchased by global investors, more than half of which were foreign.
Clifford Chance's Moscow-based team included Partner Arthur Iliev, Counsel Evgeny Soloviev, and Senior Associate Ekaterina Makarova. The firm's London-based team included Partners John Connolly and Kate Vyvyan, Counsel Arthur Levi, and Associate Russell Harris.
