LNG

Dec 17 (LNGJ) - Russian natural gas company Novatek, developer of the Yamal LNG project in the Russian Arctic region, showed its stable financial standing when it closed a $1 billion, 10-year Eurobond issue due 2022 that was more than three times oversubscribed . The annual coupon rate is set at 4.42 percent, with coupons payable every six months.