Free Trial

Trade Finance Magazine Copying and distributing are prohibited without permission of the publisher

Rosneft – pre-export financing

23 March 2009

Record deals in the Russian oil sector

Read more: Rosneft Russia oil gas BP Shell Vitol Denton Wilde Sapte

The Rosneft financings of 2008 were a real landmark in the Russian oil and gas market as well as the international debt market. In total they raised $6.625 billion for the company, albeit through two quite distinctive transactions but with similar structures. Both transactions win Deal of the Year awards with Trade Finance Magazine, and we combine them here for ease of comparison of the mandated lead arranger (MLA) groups. Acting as coordinating MLA, bookrunner and facility and documentation agent, Deutsche Bank signed two pre-export loans, in February and August 2008, with Rosneft worth $3.425 billion and $3.2 billion respectively....


Upcoming Events