Bonds and Credit Ratings of the Company
The Company is one of the major high quality Russian borrowers in the domestic market. Rating Agency “Expert RA” assigned its highest rating of debt instruments' reliability (ruAAA) to all ruble bonds of the Company.
In 2012, Rosneft issued two Eurobond series for USD 1 bln maturing in 2017 and for USD 2 bln maturing in 2022, as part of its Eurobond Program worth a total of USD 10 bln. Between 2006 and 2010, companies of TNK-BP Group issued eight Eurobond series for a total of USD 5.5 bln maturing in 2011–2020. Three Eurobond series worth a total of USD 3.6 bln, issued by Rosneft and its subsidiaries that had previously been part of TNK-BP, remained outstanding as at 31 December 2017.
In 2012–2015, the Company launched three Ruble Bond Programs, with 33 issues for a total of RUB 1,190 bln, including eight issues for a total of RUB 400 bln in 2015.
In 2016, the Company registered a fourth multi-currency Exchange-Traded Bond Program with a total par value of RUB 1,071 bln and had three issues with a total par value of RUB 650 bln in December 2016. The Company fully completed the Program during 2017 with five exchange-traded bond issues with a total par value of RUB 421 bln.
In November 2017, the Company registered its fifth multi-currency Exchange-Traded Bond Program with a total par value of RUB 1.3 trln and had three bond issues with a total par value of RUB 630 bln in December 2017.
|Par Value, mln||Currency||Coupon||Series / Issue Number||Issue Date||Maturity Date||Issuer|
|800||USD||6.625%||Series 4||March 2007||March 2017||Rosneft Finance S.A.|
|1,100||USD||7.875%||Series 6||October 2007||March 2018||Rosneft Finance S.A.|
|500||USD||7.25%||Series 8||February 2010||February 2020||Rosneft Finance S.A.|
|1,000||USD||3.149%||Series 1||December 2012||March 2017||Rosneft International Finance Ltd.|
|2,000||USD||4.199%||Series 2||December 2012||March 2022||Rosneft International Finance Ltd.|
|20,000||RUB||7.9%||Series 04, 05||October 2012||October 2022||Rosneft|
|30,000||RUB||8%||Series 07, 08||March 2013||March 2023||Rosneft|
|40,000||RUB||7.95%||Series 06, 09, 10||June 2013||May 2023||Rosneft|
|40,000||RUB||7.95%||Series BO 05, BO 06||December 2013||December 2023||Rosneft|
|35,000||RUB||8.9%||Series BO 01, BO 07||February 2014||February 2024||Rosneft|
|225,000||RUB||9.4% Coupon rate as at 31 December 2017.||Series BO 02, BO 03, BO 04, BO 08, BO 09, BO 10, BO 11, BO 12, BO 13, and BO 14||December 2014||November 2024||Rosneft|
|400,000||RUB||7.85% Coupon rate as at 31 December 2017.||Series BO 15, BO 16, BO 17, BO 24||December 2014||December 2020||Rosneft|
|400,000||RUB||8.6% Coupon rate as at 31 December 2017.||Series BO 18, BO 19, BO 20, BO 21, BO 22, BO 23, BO 25, BO 26||January 2015||January 2021||Rosneft|
|600,000||RUB||8.35% Coupon rate as at 31 December 2017.||001Р01||December 2016||November 2026||Rosneft|
|30,000||RUB||9.39%||001Р02||December 2016||December 2026||Rosneft|
|20,000||RUB||9.50%||001Р03||December 2016||December 2026||Rosneft|
|40,000||RUB||8.65%||001Р04||May 2017||April 2027||Rosneft|
|15,000||RUB||8.6%||001Р05||May 2017||May 2025||Rosneft|
|266,000||RUB||8.5%||001Р06, 001Р07||July 2017||July 2027||Rosneft|
|100,000||RUB||8.6% Coupon rate as at 31 December 2017.||001Р08||October 2017||September 2027||Rosneft|
|600,000||RUB||8.35% Coupon rate as at 31 December 2017.||002Р01, 002Р02||December 2017||November 2027||Rosneft|
|30 000||RUB||7.75%||002Р03||December 2017||December 2027||Rosneft|