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FBK Grant Thornton Finalises Tax and Accounting Support of GTLK Eurobond Issue


FBK Grant Thornton has finalised tax and accounting support of the fourth issue of GTLK Eurobonds, which became the longest ever issue and had the record-low coupon rate. The company placed a USD 600 million Eurobond issue on the Vienna MTF stock exchange. Despite high volatility of international capital markets, international investors met the issue with great interest.
FBK Grant Thornton successfully supported the previous three bond issues by preparing tax-related portions of the prospectus and verifying parameters of the financial statements. J.P. Morgan, Renaissance Capital, Citi, Société Générale, Eurasian Development Bank, Gazprombank, VTB Capital and Sovcombank acted as joint lead managers of the Eurobond issue.