CREDIT BANK OF MOSCOW on behalf of the international commodities trader Trafigura acted as mandated lead arranger of syndicated loan for financing acquisition of 10% of Vostok Oil
06.01.2021
CREDIT BANK OF MOSCOW on behalf of the international commodities trader Trafigura acted as a mandated lead arranger of the syndicated loan for financing the acquisition by CB Enterprises, a wholly-owned entity of Trafigura, of a 10% holding in Vostok Oil from Rosneft.
The facility agreement was signed by a syndicate of banks (more than 10 lenders) and the borrower at the end of December 2020, together with a 20% direct participation by Trafigura. Dividends generated from Vostok Oil will ensure the loan repayment.
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Moskovskiy Kreditnyi Bank OAO published this content on 06 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 January 2021 18:07:05 UTC