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LUKOIL ANNOUNCES THE COMPLETION OF THE ISSUANCE OF US$1.5 BILLION IN CONVERTIBLE BONDS

OAO LUKOIL announced the completion of the issuance of U.S.$1.5 billion 2.625 per cent senior unsecured convertible bonds due June 2015. The bonds are convertible into American Depositary Receipts (“ADRs”) listed on the London Stock Exchange each representing one ordinary share of OAO LUKOIL. The bonds were issued by LUKOIL …

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