Information for Shareholders and Investors

Bonds and Credit Ratings of the Company

BBB– credit rating by S&P Global
Baa3 credit rating by Moody’s
In February 2019, following the Company’s deleveraging, S&P Global upgraded its credit rating.

As at the end of 2019, Rosneft’s credit ratings by S&P Global and Moody’s international rating agencies were at an investment grade and on par with the sovereign rating of the Russian Federation: BBB-, stable outlook, and Baa3, stable outlook. On top of that, the Company had the highest creditworthiness rating (ruAAA) with a stable outlook from Expert RA rating agency.

In 2012, Rosneft placed two Eurobond issues as part of its Eurobond Programme for a total of USD 10 bln: USD 1 bln maturing in 2017 and USD 2 bln maturing in 2022. Between 2006 and 2010, former subsidiaries of TNK-BP Group placed eight Eurobond issues for a total of USD 5.5 bln maturing in 2011–2020. Two Eurobond series for a total of USD 2.5 bln, issued by Rosneft and its Subsidiaries that had previously been part of TNK-BP Group, remained outstanding as at 31 December 2019.

In 2012–2017, Rosneft launched four Ruble Bond Programmes and completed 41 issues of corporate and exchange-traded ruble bonds for a total of RUB 2,261 bln.

In November 2017, the Company registered its fifth multi-currency Exchange-Traded Bond Programme with a total par value of RUB 1.3 trln. As part of the Programme, Rosneft completed three ruble bond issues for a total of RUB 630 bln in December 2017, two ruble bond issues for a total of RUB 70 bln in the first quarter of 2018, and four ruble bond issues for a total of RUB 80 bln in 2019.

Par Value, mln Currency Coupon Series / Issue Number Issue Date Maturity Date Issuer
Eurobonds
500 USD 7.25% Series 8 February 2010 February 2020 Rosneft Finance S. A.
2,000 USD 4.199% Series 2 December 2012 March 2022 Rosneft International Finance DAC
Ruble bonds
20,000 RUB 7.90% Series 04, 05 October 2012 October 2022 Rosneft
30,000 RUB 7.30% Series 07, 08 March 2013 March 2023 Rosneft
40,000 RUB 7.00% Series 06, 09, 10 June 2013 May 2023 Rosneft
40,000 RUB 6,65%Coupon rate as at 31 December 2019. Series BO-05, BO-06 December 2013 December 2023 Rosneft
35,000 RUB 8,90%Coupon rate as at 31 December 2019. Series BO-01, BO-07 February 2014 February 2024 Rosneft
225,000 RUB 9.40% Series BO-02, BO-03, BO-04, BO-08, BO-09, BO-10, BO-11, BO-12, BO-13, BO-14 December 2014 November 2024 Rosneft
400,000 RUB 7.85% Series BO‑15, BO‑16, BO‑17, BO‑24 December 2014 December 2020 Rosneft
400,000 RUB 8,50%Coupon rate as at 31 December 2019. 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 6,60%Coupon rate as at 31 December 2019. 001Р‑01 December 2016 November 2026 Rosneft
30,000 RUB 9.39 % 001Р‑02 December 2016 December 2026 Rosneft
20,000 RUB 9.50% 001Р‑03 December 2016 December 2026 Rosneft
40,000 RUB 8.65% 001Р‑04 May 2017 April 2027 Rosneft
15,000 RUB 8.60% 001Р‑05 May 2017 May 2025 Rosneft
266,000 RUB 8.50% 001Р‑06, 001Р‑07 July 2017 July 2027 Rosneft
100,000 RUB 7,10%Coupon rate as at 31 December 2019. 001Р‑08 October 2017 September 2027 Rosneft
600,000 RUB 6,60%Coupon rate as at 31 December 2019. 002Р‑01, 002Р‑02 December 2017 November 2027 Rosneft
30,000 RUB 7.75% 002Р‑03 December 2017 December 2027 Rosneft
50,000 RUB 7.50% 002Р‑04 February 2018 February 2028 Rosneft
20,000 RUB 7.30% 002Р‑05 March 2018 February 2028 Rosneft
10,000 RUB 8.70% 002Р‑06 April 2019 March 2029 Rosneft
20,000 RUB 8.70% 002Р‑07 April 2019 March 2029 Rosneft
25,000 RUB 7.95% 002Р‑08 July 2019 July 2029 Rosneft
25,000 RUB 7.10% 002Р‑09 October 2019 October 2029 Rosneft