MOSCOW – Gazprom has moved to protect itself against the impact of any new U.S. sanctions or other risks beyond its control by reserving the right to pay back a 1 billion euro ($1.13 billion) Eurobond in other currencies, a first for a Russian borrower.
Reuters: Russia’s Gazprom hedges currency risk with novel Eurobond clause
A man attends the annual general meeting of Gazprom's shareholders in Moscow on June 30, 2017.
