Intesa talking to 15 banks about Rosneft loan syndication

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Intesa talking to 15 banks about Rosneft loan syndication

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A branch of the Italian Intesa SanPaolo Bank is seen on 6 February, 2017. (Photo by Jaap Arriens/NurPhoto) *** Please Use Credit from Credit Field *** | NurPhoto/SIPA USA/PA Images

Intesa Sanpaolo has finally launched into general syndication a €5.2bn loan that it solely underwrote for the acquisition of a 19.5% stake in Rosneft by the Qatar Investment Authority and Glencore, after months of delay and reports that it might not happen.

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