The USD1.5
billion bonds issued by LUKOIL International Finance (a 100% subsidiary of OAO
LUKOIL) in November 2009 received a high appraisal from the business
community.
Based
on the inquiry of the leading banks, the London newspaper Euroweek called this bond
issue the Best emerging market corporate
deal of the year.
Businessneweurope
commemorated the bond issue as the Best
corporate bond. The publication also quoted Jan Mutsaers, Managing Director,
Debt Capital Markets at ING as saying: "Investors were impressed by the way that
LUKOIL has managed its business during the economic downturn in
Russia, its high level of corporate
transparency and its relative scarcity as a borrower." ING served as a registrar
for the bond issue.