‘Creative’ loan market could handle Rosneft’s big TNK-BP buy, say bankers

Rosneft’s proposed $56bn takeover of TNK-BP could pave the way for one of the biggest pieces of corporate financing in recent years, with loans bankers confident that the Russian state-owned oil company could command huge commitments from lenders in the region desperate for a role in such a prominent deal. But they caution that the market will have to get creative, writes Nina Flitman.

  • 19 Oct 2012
"This is a prestigious transaction, and all the banks involved in Russia and in the oil sector will want to be in there, even if it’s not at a senior level," said a senior loans banker. "It’s a good name, with a good story, and this will be ...

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1 Citi 7,171 21 10.72
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3 JP Morgan 4,776 10 7.14
4 Credit Suisse 4,718 9 7.05
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