The loan participation notes were priced at par and have an annual coupon of 5.092%. Crédit Agricole Corporate and Investment Bank and J.P. Morgan Securities Ltd. acted as joint bookrunners and joint lead managers with respect to the notes.
The proceeds of the offering will be used to finance a loan to OAO Gazprom. The proceeds of the loan to OAO Gazprom will be used for general corporate purposes.