BP-Rosneft SPV drops repricing as crisis worsens

GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement | Event Participant Terms & Conditions

BP-Rosneft SPV drops repricing as crisis worsens

Igor Sechin Rosneft

With banks stepping away from more loan mandates this week, the accelerating Russian financing crisis over Ukraine has claimed another corporate casualty. A special purpose vehicle linked to state-owned Rosneft — where the CEO was sanctioned on Monday — has ditched plans to slash the margin on a loan of around $2bn to finance oil purchases, writes Michael Turner.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article