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Novatek Bonds Could Carry 15-year Maturity

Posted by September 19, 2014

Russian Finance Minister Anton Siluanov

Russian Finance Minister Anton Siluanov said on Friday that a possible bond issue from Russia's second-largest gas producer Novatek (NVTK.ME), which could be bought by the country's National Wealth Fund, could carry a 15-year maturity.

"We will receive (Novatek's official) request first and we will see. But it will be money for some 15 years," Siluanov said, when asked about the maturity of the potential bond issue.

Siluanov has previously said Russia was ready to help Novatek, which has been hit by Western sanctions over Russia's role in Ukraine.

Reporting by Katya Golubkova

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