Intesa to sign Rosneft loan by mid-September after delays

By Bianca Boorer
18 Aug 2017

Intesa is expecting to close its €5.2bn syndicated loan deal to finance Qatar Investment Authority and Glencore’s acquisition of a 19.5% stake in Rosneft by mid-September after much delay.

The bank launched the syndication at the end of May for the five year facility, which was at the time expected to close shortly after in the first couple of weeks of July.

GlobalCapital previously reported that 15 banks were invited to the deal. Three of those banks dropped ...

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