Gazprom Neft negotiates an interest rate reduction on its $1.5 billion loan
Gazprom Neft has signed an agreement to reduce the interest rate from Libor +2.1% to Libor +1.6% per annum on its $1.5 billion syndicated loan that it secured in 2010. The agreement to provide a five-year $1.5 billion secured loan was concluded on 30 June 2010. The Bank of Tokyo-Mitsubishi …