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

TNK-BP lights up Russia with ‘relationship-defining’ $750m loan


Oil group TNK-BP has lit up Russia’s loan market by asking banks for a $750m facility, set to be the first major unsecured deal from the country this year. Such is the appetite for top-rated Russian corporate assets that bankers say TNK-BP could price tighter than state-owned peer Gazprom-Neft, which recently launched a $1bn loan, and still raise double that amount.

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