‘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.