In 2013, OJSC Gazprom Neft plans to continue debt financing for its current operations. Taking into account its debt portfolio management policy and the market environment, the Company can use various sources of borrowed funds, including:
- ruble bonds,
- bilateral loans,
- club-deal credits,
- syndicated credits,
- ECA financing,
- other external financing sources.
On February 21, 2013, in order to facilitate prompt debt financing for OJSC Gazprom Neft, if needed, the Company’s Board of Directors approved a prospectus and a resolution for seven ruble bond issues of 17-23 series worth a total of RUB 55 billion, and adopted resolutions on their placement.