Margins in Russian loan mart squeezed as Lukoil seeks deal, Rosneft set for April

Lukoil, Russia's biggest oil company by reserves, is set to announce plans to launch a $250m facility, EuroWeek has learned. It will have a five year tenor and pay a margin of between 55bp and 60bp.

Lukoil, which is understood to have shortlisted six banks to arrange the deal, was ...