OREANDA-NEWS  Gazprom plans to collect investor applications for $200 million worth of exchange-traded bonds settled in rubles on April 15, a financial source told RIA Novosti.

The benchmark coupon rate is no higher than 8% per annum.

The company intends to place three-year exchange-traded bonds of the BO-003P-13 series with monthly coupons. The technical part of the placement is tentatively scheduled for April 18. Settlements on the bonds are assumed to be in rubles at the official exchange rate of the Bank of Russia. The organizers of the issue are Gazprombank, VTB Capital Trading and Sber CIB.

The issuer will be Gazprom Capital, which is used to attract financing for Gazprom through the placement of bonds. Gazprom will act as a guarantor for the release.