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8.5.1 Fixed income - bond news
Russian gas giant Gazprom called off the CHF-denominated Eurobond issue due to the ongoing conflict with Ukrainian gas monopoly Naftogaz, Interfax and RBC business portal reported on November 13 citing unnamed sources close to the deal. As reported by bne IntelliNews, amid the renegotiation of the gas transit deal, the tensions between Gazprom and Naftogaz flared up. Last week Naftogaz had filed new legal claims against Gazprom with the Arbitration Institute of the Stockholm Chamber of Commerce, because "effectively Gazprom wants
89 RUSSIA Country Report December 2019 www.intellinews.com