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Rosneft Signs Loan Agreements Worth $14.2 Bln

13th Feb 2013 10:25

RNS Number : 7892X
OJSC OC Rosneft
13 February 2013
 

Rosneft Signs Loan Agreements Worth $14.2 Bln with Group of International Banks

On February 13, 2013 Rosneft signed loan agreements for the total amount of U.S. $14.212 billion. The financing will be used to acquire a 50% stake in TNK-BP Ltd. from AAR (Alfa, Access, Renova) Consortium.

The cost of the financing that is being arranged is one of the lowest at the Russian corporate debt market.

The group of international banks which are acting as mandated lead arrangers and lenders include Bank of America Merrill Lynch, Barclays Bank, BNP Paribas, BTMU, Citibank, Credit Agricole, ING Bank, Intesa Sanpaolo Banking Group, J.P. Morgan, Mizuho Corporate Bank, Natixis, Nordea Bank, SMBC, Societe Generale, Unicredit Bank and Bank of China.

 

Rosneft Information DivisionTel.: +7 (495) 411 54 20Fax: +7 (495) 411 54 21www.rosneft.com 

February 13, 2013

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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