USD 66.263

-0.52

EUR 73.4989

-0.48

BRENT 59.95

-0.36

AI-92 42.26

+0.01

AI-95 46.04

+0.02

AI-98 51.73

-0.01

Diesel 45.96

+0.01

14

Russian Tatneft signed a $2 billion deal

Russian mid-sized oil company Tatneft signed a $2 billion syndicated pre-export financing, according to reports.

 

Russian mid-sized oil company Tatneft signed a $2 billion syndicated pre-export financing, according to reports. Tatneft secured an $800 million, three-year tranche priced at 300 basis points (bps) over LIBOR, a $1 billion, five-year tranche at 400 bps and a $200 million, seven-year tranche at 500 bps, a banker at a major Western bank said to Reuters. "The deal was oversubscribed," he said. Tatneft declined to comment. 

Source : Upstream