Rosneft Repays Part of a Loan Arranged for ТNК-ВР Acquisition
Rosneft announces it repaid part of a loan obtained earlier from a group of international banks to finance the acquisition of TNK-BP. With the early repayment announced earlier, the overall amount paid towards the settlement of the principal debt totaled around USD 5.1 billion. Igor Sechin, President of Rosneft, commented: …
International Petroleum Fails to Receive Range Resource Loan Finance
International Petroleum Limited, advises its shareholders that , since its announcement on 17 June 2013 , it has not received any additional funds from Range Resources Limited pursuant to the loan facility ( Loan ) provided by Range Resources to the Company. To date, the Company has received US$ 8million …
Rosneft Secures $2 bln Long-Term Loan from China Development Bank
Rosneft and China Development Bank finalized contractual documentation for a long-term credit line in the framework of facility agreement signed between the parties in March 2013. The facility agreement was signed by Rosneft President and Chairman of the Management Board Igor Sechin and President of China Development Bank Zheng Zhijie …
Gazprom Neft Signs a USD 1bn Loan Agreement
Gazprom Neft signed a USD 1 billion term and revolving loan agreement with a group of banks. Funds available under the agreement are provided on an unsecured basis and shall be used for general corporate purposes of the company. The agreement comprises two loan facilities being an amortizing USD 700 …
Gazprom Neft agrees $600 million club loan
Gazprom Neft has reached an agreement with a group of banks to raise a five-year $600 million unsecured club term loan facility for general corporate purposes. The interest rate on the loan amounts to LIBOR +1,5%. The Mandated Lead Arrangers and Bookrunners are Bank of America N.A., Citibank N.A., HSBC …