|06 / 2003|
Season of cheap money
Lukoil received $750 mn underwritten credit from major banks On 27 October 2003, representatives of Lukoil and group of western banks signed documents giving green light to $750 mn syndicated credit for the company. The credit, secured on export contracts, will be executed in two trenches, $450 mn over 5 years with APR of LIBOR+2% and $300 mn over seven years with APR of LIBOR+2.5%.
|Main page | Print | Close window|
|OILMARKET � 2003-2020
Reprint of the materials is prohibited without written consent of the authors, other uses require reference to the original. Electronic media quotations of the materials published in the magazine and on the site are permitted only on condition of linking to this site after the quote.