All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group

TNK-BP uses $2bn loan to buy BP assets

Russian oil firm TNK-BP will use half of a recently signed $2bn unsecured five year loan to fund its $1.8bn acquisition of BP’s pipeline and production assets in Vietnam and Venezuela, according to a banker close to the facility.

Unlock this article.

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

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree