TNK-BP, Lukoil join throng in Russian loan market

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TNK-BP, Lukoil join throng in Russian loan market

Despite getting mixed feedback from the loan market when it sent out its request for funding two weeks ago, Russo-British oil and gas company TNK-BP is understood to be putting together a bank group for a new $750m facility. Meanwhile, oil group Lukoil is set to launch a $1bn deal via seven banks this week. Read EuroWeek on Friday for the latest on the crowds of Russian and CIS borrowers in the syndicated loan market.

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