EEMEA deal of the year: Gazprom $13.1 billion financing to acquire Sibneft

Borrowing such a large amount on an unsecured basis showed how strong state-owned Russian companies have become.

At a glance:
Deal size:
$13.1 billion
Bookrunners and arrangers: Dresdner Kleinwort Wasserstein (coordinating mandated lead arranger, joint bookrunner), ABN Amro (joint bookrunner)
Date: September 2005

Euromoney does not like to select award winners simply because they have undertaken particularly big deals. However, the $13.1 billion package put together to finance Gazprom’s acquisition of its oil-producing compatriot Sibneft was certainly eye-catching.

Coordinating mandated lead arranger Dresdner Kleinwort Wasserstein and joint bookrunner ABN Amro devised the three-tranche deal to support Russian gas company Gazprom’s successful foray into the world of oil in late September.

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