TNK-BP gleans commitments as Russian loans make slow progress

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TNK-BP gleans commitments as Russian loans make slow progress

The $315m pre-export financing for Anglo-Russian oil group TNK-BP, which was launched at the end of April, has picked up several commitments, according to bankers close to the deal. Despite the slow progress of the transaction, the response has countered some predictions that it would fail to pull in any new participants.

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