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 …
Integra improves the terms of its credit facility with VTB Bank (Deutschland) AG
Integra Group, a leading independent provider of diversified oilfield services, and VTB Bank (Deutschland) AG increased their existing term loan facility with permitted reborrowings from US$50 million to US$100 million and extended the tenor by 5 years. Furthermore, the company benefits from improved pricing terms. These amendments to our multi-purpose …