Dec
14

Exclusive: Rosneft could raise $10 billion bonds for TNK-BP deal

Russia's Rosneft could raise as much as $10 billion on bond markets to finance its takeover of Anglo-Russian oil firm TNK-BP , potentially matching loans backed by future oil exports. Bankers familiar with Rosneft's plans to finance the $55 billion deal to buy Russia's No.3 oil firm say the state-controlled oil major was strongly encouraged by high investor demand for a recent $3 billion bond offering. Demand...
Read More..