Rosneft Repaid Two Syndicated Loans of the Former TNK- BP Group

On May 28, Rosneft delivered a payment to the group of international banks repaying two syndicated loans which were obtained by former TNK- BP group in 2011-2012.

The Chairman of Rosneft Management Board Igor Sechin said in this regard: “The Company responsibly refers to the fulfilment of liabilities to its creditors. Moreover, thanks to stable cash flow from operations and efficient liquidity management the Company continues its work on further reduction of the debt burden, including that of the holding Company of the group and the assets acquired earlier.”