Copying and distributing are prohibited without permission of the publisher.

Watermark

Opacity of Glencore-QIA Rosneft deal worries lenders

Rosneft_Privatisation_2Feb2017_AP_230x150
By Dan Alderson, Jon Hay
02 Feb 2017

Loan bankers are demanding clarity on the true ownership of the 19.5% stake in Rosneft privatised at the end of last year, as Intesa Sanpaolo prepares to syndicate the €5.2bn loan it has provided to back the deal, write Dan Alderson and Jon Hay.

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free Trial
By Dan Alderson, Jon Hay
02 Feb 2017