Rosneft repaid part of ТNК-ВР Acquisition loan

Moscow, Russia, 26-12-2013 — /EuropaWire/ — Rosneft announces it repaid part of a loan obtained earlier from a group of international banks to finance the acquisition of TNK-BP. With the early repayment announced earlier, the overall amount paid towards the settlement of the principal debt totaled around USD 5.1 billion.

Igor Sechin, President of Rosneft, commented: “Financial standing of Rosneft allows us to repay the loans ahead of schedule, which demonstrates the Company’s responsible attitude towards responsibilities we assumed. We generate sufficient financial resources to implement our plans and, looking forward, will continue the work to reduce our external debts”.

Rosneft Information Division
Tel.: +7 (499) 517 88 97
www.rosneft.com
December 23, 2013

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligations to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.

Comments are closed.