Yukos issues convertible bonds in record year for Russia.

Financial News, December, 2002

Byline: Yasmine Chinwala

Yukos, the oil company, has launched a $350m ([euro]347m) convertible bond, following the largest Russian equity offering ever in Lukoil by the government last week and a record year for Russian equity and equity-linked deals.UBS Warburg is the sole bookrunner on the deal, maintaining its 100% track record in the Russian convertibles market. The bank has worked on seven out of seven deals in the region.

UBS Warburg has worked with Yukos before. In February, it managed a $150m accelerated sale of Yukos shares alongside Credit Suisse First Boston.

Russian companies have raised [euro]1.7bn from six deals this year. Morgan Stanley tops the Russian ECM bookrunner league table, according to Dealogic, the investment banking...

Premium Content Partnership | HighBeam Research provides an in-depth online archive library of reference works. HighBeam Research

 

BNET TalkbackShare your ideas and expertise on this topic

Please add your comment:

  1. You are currently: a Guest |
  2.  

Basic HTML tags that work in comments are: bold (<b></b>), italic (<i></i>), underline (<u></u>), and hyperlink (<a href></a)

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement