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Gazprom Attract Short-term Loan Facility

Russian gas monopoly Gazprom intends to attract short-term unsecured loan facility

Gazprom Attract Short-term Loan Facility

Russian gas monopoly Gazprom intends to attract short-term unsecured loan facility to the extent of US$13 billion at an annual interest rate of 5.75 percent, people familiar with the situation reported to AK&M, CBonds.info reported.

The loan amount and interest rate are not final, as it was informed. The loan agreement may be signed in the immediate future.

Gazprom attracts loan to finance the purchase of 72.6 percent stake of Sibneft from Millhouse Capital.

It is planned ABN Amro and Dresdner Bank will syndicate half of the loan, the remained funds will be arranged by Citigroup, Credit Suisse First Boston, Goldman Sachs Group and Morgan Stanley.

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