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21

TNK-BP Obtained Credit

Russian-British oil company TNK-BP managed to receive the pre-export syndicated credit arranged by the foreign banks in 2004

Russian-British oil company TNK-BP managed to receive the pre-export syndicated credit arranged by the foreign banks in 2004, as it was informed by the company, Cbonds.info reported.

1 Sep. 2004 the credit agreement worth $1bn was signed up by the company and consortium of the banks involving ABN Amro Bank N.V., BNP Paribas (Suisse) SA/Citigroup.