Gazprombank (Joint-stock Company) announced that it will issue 69,230,000 common shares in a round of funding on December 21, 2020. The transaction will involve participation from Limited Liability Company Gazprom Capital and State Development Corporation "VEB.RF" along with returning investors Non-State Pension Fund Gazfond, ZAO Leader, GAZKON Open Joint-Stock Company (MISX:GAZC). The shares have a par value of RUB 50. Post completion of the transaction, the authorized capital of the company will increase by RUB 3,461,500,000. The transaction is expected to close on March 1, 2021.