Source - SMW
Nostrum Oil & Gas said it had priced a $400m note offering to help pay off existing debt.

The 7.000% senior notes are due in 2025, with Banca IMI, Citi, Deutsche Bank and VTB Capital acting as joint bookrunners.

The proceeds would be used, in part, to pay the call price of an outstanding Eurobonds issued by subsidiary Zhaikmunai that were due 2019, to pay certain fees and expenses in connection with the refinancing, and for general corporate purposes.