Scalebacks in store as Gazprom-Neft set to sign

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Scalebacks in store as Gazprom-Neft set to sign

Issue: 1170 - 3 September 2010

Keywords: Gazprom Neft, Russia, syndicated loan

Lenders participating in the $1.5bn loan for Gazprom-Neft will have their commitments scaled back as the deal was oversusbcribed by 15%-20% even after the state-owned Russian oil group increased the loan from $1.35bn. The company will sign the facility on Friday. ..

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