Rosneft Said to Be in Talks for $2 Billion in Pre-Export Loans

OAO Rosneft (ROSN), Russia’s biggest oil producer, is in talks with lenders to raise $2 billion in pre- export financing, according to a person with direct knowledge of the deal.

Rosneft signed $2 billion of five-year credit lines last month that pay 1.85 percentage points more than benchmark lending rates, according to data compiled by Bloomberg.

Rustam Kazharov, a Rosneft spokesman in Moscow, declined to comment on the financing.

To contact the reporter on this story: Louise Meeson in London on

To contact the editor responsible for this story: Faris Khan at

Press spacebar to pause and continue. Press esc to stop.

Bloomberg reserves the right to remove comments but is under no obligation to do so, or to explain individual moderation decisions.

Please enable JavaScript to view the comments powered by Disqus.