US investors bought almost half of Gazprom's Eurobond

Russian gas giant Gazprom sold almost half of its $1.25 billion Eurobond issue to US investors, Yan Tavrovsky, head of JP Morgan in Russia and CIS, told Reuters on Monday. JP Morgan was one of the organisers of the deal.
Last week, Gazprom placed the 7-year Eurobond with a yield of 5.15 percent, Refinitiv IFR reported. The deal took place days after the US Treasury lifted sanctions on major Russian companies Rusal and En+. "About half of the book came in from American investors. This is the evidence that the market has a rather constructive attitude towards Russian borrowers, and Gazprom, in particular," Tavrovsky said.
The rest of the demand came mostly from Europe, while less than 10 percent came from Russia and less than 3 percent from Asia, Kirill Kondrashin, head of debt capital markets at JP Morgan in Russia and CIS, added.