Akin Gump Advises LUKOIL in $1 Billion Eurobond Offering

(Moscow) – PJSC “LUKOIL” has announced the completion of the issuance of $1 billion of Rule 144A/Regulation S notes. The offering consists of 10-year notes with a coupon of 4.75 percent per annum.The notes have been issued by LUKOIL International Finance B.V. and guaranteed by PJSC “LUKOIL.”

A team from Akin Gump advised LUKOIL in the offering, from which the company intends to use the net proceeds for general corporate purposes, including the refinancing of certain existing indebtedness.

The Akin Gump team was led by oil and gas partner Natalia Baratiants and cross-border transactions partners Dan Walsh and Robert Aulsebrook. It also included the following individuals:

Cross-Border Transactions

• Jonathan Pico, Olga Te, Anna Semashko and Inderveer Hothi, counsel
• Dmitry Shiryaev and Melissa Schwartz, senior counsel
• Anna Kardash, associate

Oil and Gas

• Alexey Kondratchik, partner
• Alexander Urlyapov, counsel

Corporate

• Bruce Mendelsohn, partner

International Trade

• Wynn Segall, partner
• Nnedi Ifudu Nweke, senior counsel
• Dallas Woodrum, associate

Investment Management

• John Holton, Barbara Niederkofler and Steve Vine, partners

Tax

• Bruce Simonetti, partner
• Louis Zivot, senior counsel

Founded in 1945, Akin Gump Strauss Hauer & Feld LLP is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.

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