Russia's Rosneft says approves bond issue worth 600 bln roubles
MOSCOW, Dec (Shanghai: 600875.SS - news) 5 (Reuters) - Russian oil firm Rosneft has approved issuing 600 billion roubles ($9.43 billion) in domestic bonds, it said on Monday.
The bonds are to be sold via open subscription, the company added in a statement, which provided no timing for the placement of the bonds.
The bond issue is a part of a wider domestic bond programme worth 1.071 trillion roubles that was approved last month. ($1 = 63.6600 roubles) (Reporting by Oksana Kobzeva and Katya Golubkova; Editing by Alexander Winning)