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EUR 800 million credit facility

12th Dec 2016 13:18

RNS Number : 5937R
PJSC Gazprom
12 December 2016
 

 

 

RELEASE

12.12.2016

 

Mizuho Bank, Ltd., Sumitomo Mitsui Banking Corporation, and J.P. Morgan to provide EUR 800 million credit facility to Gazprom

 

Gazprom, Japan's Mizuho Bank, Ltd. (Mizuho) and Sumitomo Mitsui Banking Corporation (SMBC), and U.S.-based JPMorgan Chase Bank, N.A. (J.P. Morgan) signed a four-year EUR 800 million Facility Agreement at the Gazprom headquarters today.

The document was signed on behalf of Gazprom by Andrey Kruglov, Deputy Chairman of the Gazprom Management Committee, on behalf of the Japanese banks by Teiji Teramoto, Managing Executive Officer, Head of Europe, Middle East and Africa of Mizuho, and by Tetsuro Imaeda, Head of Europe, Middle East and Africa Division of SMBC, and on behalf of JPMorgan Chase Bank, N.A. by Yan Tavrovsky, President of CB "J.P. Morgan Bank International" (LLC).

It was noted that the signing of the Agreement was another example of Gazprom's successful long-term cooperation with Mizuho, SMBC, and J.P. Morgan.

 

Background

Mizuho Bank, Ltd. is a banking unit of Mizuho Financial Group, a leading financial services group in Japan. It has 549 offices around the world (including branches, representative offices, and subsidiaries), among them a subsidiary bank in Moscow. Since 1999, Mizuho Financial Group has actively contributed to many of Gazprom's financial operations, including deals aimed at securing corporate and project financing, as well as transactions with Gazprom Group's Eurobonds in capital markets.

Sumitomo Mitsui Banking Corporation was created by a merger of The Sakura Bank, Limited and The Sumitomo Bank, Limited. It has over 440 offices in Japan and 17 international branches, as well as a subsidiary bank in Moscow. Since 2000, the bank has been actively involved in Gazprom's deals aimed at securing corporate and project financing and has acted as a financial adviser to the Company.

JPMorgan Chase Bank, N.A. is a wholly-owned subsidiary of JPMorgan Chase & Co.

JPMorgan Chase & Co. is a leading global financial services firm with assets of USD 2.5 trillion. Headquartered in New York, the Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. JPMorgan Chase & Co. serves clients and conducts operations worldwide under its J.P. Morgan and Chase brands. Gazprom and J.P. Morgan have been cooperating since 2004.

 

INFORMATION DEPARTMENT OF PJSC GAZPROM

www.gazprom.ru

_______________________________________________________________________

Contacts for media Contacts for investment companies

+7 (495) 719-10-77 +7 (495) 719-34-83

+7 (495) 719-47-36

+7 (495) 719-24-32

+7 (495) 719-28-01

[email protected] [email protected]

This information is provided by RNS
The company news service from the London Stock Exchange
 
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