Rosneft’s Board of Directors agrees the granting of a credit of 61.2 billion rubles to Itera
Edited by Rhod Mackenzie / 2013-09-25 10:29:22
Rosneft’s Board of Directors agrees the granting of a credit of 61.19 billion rubles to Itera NGK. The credit will be granted for the financing of investment activity for 3 years. The total transaction sum including interests is 79.55 billion rubles.
At the beginning of July, Rosneft consolidated 100% in Itera NGK, having bought out 49% from Itera Holdings Limited for $2.9 billion. The transaction on thepurchase of 51% in Itera NGK was closed in August 2012.
