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TNK places big bond. (Russia & CIS).(Tyumenneft)(Brief Article)(Statistical Data Included)

FSU Energy

| May 17, 2002 | COPYRIGHT 2003 Argus Media Inc. (Hide copyright information)Copyright

Tyumen Oil (TNK) has successfully placed a $500mn eurobond in Europe and the US. The five-year bond with a 10pc coupon was joint lead-managed by investment banks CSFB, Merrill-Lynch and Schroder Salomon Smith Barney. CSFB vice-president David Lasky describes the issue as "highly successful in a very difficult market", …

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