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Akin Gump Advises Lukoil on USD 2.3 Billion Note Issuance

Akin Gump Advises Lukoil on USD 2.3 Billion Note Issuance

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Akin Gump has advised Lukoil on the USD 2.3 billion issuance of Rule 144A/Regulation S notes in two tranches.

According to Akin Gump, “the issuance comprises USD 1.15 billion 2.80% 5.5-year notes due 2027 and USD 1.15 billion 3.60% 10-year notes due 2031. The notes were issued by Lukoil Capital DAC (a wholly-owned subsidiary of PJSC Lukoil) and are guaranteed by PJSC Lukoil.”

According to the firm, the notes have been admitted to the official list of the United Kingdom Financial Conduct Authority and admitted to trading on the main market of the London Stock Exchange.

Akin Gump’s team included Partners Natalia Baratiants, Robert Aulsebrook, Daniel Walsh, and Nnedinma Ifudu Nweke, Counsels Ekaterina Makarova, Julian Veshi, and Andrey Kulikov, and Associate Nikolay Ryashin.

Akin Gump did not reply to our inquiry on the matter.