OAO Gazprom (GAZP) has received bids of more than $22 billion for its planned offerings of 10-year dollar bonds and five-year euro notes, according to a banker familiar with the matter.
The order book for Gazprom’s dollar notes reached about $15 billion, while demand for its March 2017 euro bonds is about 6 billion euros ($7.4 billion), the banker said, declining to be identified because the deals haven’t been concluded.
JPMorgan Chase & Co. (JPM:US), Credit Agricole SA (ACA) and OAO Gazprombank are organizing the sale, which may be priced today.
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