Rosneft Borrows 35.4 Billion Rubles From VTB Group, Filings Show
OAO Rosneft (ROSN), Russia’s largest oil producer, obtained a loan for 35.4 billion rubles ($1.1 billion) for two and a half years from state-run VTB Group (VTBR), according to two regulatory filings today.
The borrowings are in tranches of 11.8 billion rubles and 23.6 billion rubles, the filings show.
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