Lukoil has closed the agreement with Sberbank about opening of the credit line for 63 billion rubles

Lukoil has closed the agreement with Sberbank about opening of the credit line for 63 billion rubles, the company reports. The credit is granted for 3 years. The raised funds will be spent to common corporative purposes. As on June 30, 2014, Lukoil’s total debt was $9.6 billion compared to $9.1 billion as of December 31, 2013.

Translated by Nadezhda Poltoratskaya

Source: http://www.oilcapital.ru/company/257530.html

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