Gazprom bond payments trickle through to some creditors
Thursday, 21 July 2022
LONDON, July 19 (Reuters): Payments due on international bonds issued by Russia's Gazprom have been transferred to some creditors, a source familiar with the matter said on Tuesday, amid the economic tit-for-tat surrounding the country's gas flows to Europe.
This includes the payment due on a 500 million Swiss franc ($516 million) bond maturing on Tuesday and two other payments that fell due on June 29, the source told Reuters. Another source confirmed that the latter two payments had found their way to some creditors.
However, a payment due on a $1 billion dollar-denominated bond maturing on Tuesday had not yet reached investors, the first source added.