Russia’s Rosneft Repays $2 Billion Bond in Dollars
- The state-owned energy firm’s bond matured on Sunday
- Gazprom repaid a $1.3 billion bond in dollars on Monday
Oil pumping jacks in a Rosneft Oil Co. oilfield in the Udmurt Republic, Russia.
Source: Bloomberg
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Russian oil and gas producer Rosneft PJSC repaid a $2 billion bond amid concern about such payments because of government restrictions introduced in response to sanctions, according to people familiar with the matter.
The bondholders received the cash, including accrued interest, in dollars, the people said, declining to be identified because they aren’t authorized to speak publicly about the payment. The company didn’t reply to several requests for comment.