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TNK-BP PXF makes draw down
17 June 2009
Proof that the market is finally moving again: TNK-BP’s PXF is set to close oversubscribed this week, the first Russian oil pre-export finance deal to close this year since Rosneft.
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TNK-BP
PXF
Calyon
Deutsche Bank
ING
Unicredit
Russian
oil
Russian oil producer TNK-BP’s PXF has completed a draw down its pre-export financing (PXF) this week which is already oversubscribed. The deal is one of the first oil PXF deal to have been mandated this year since Rosneft and one of the few large pre-export financings in the market anywhere in 2009. ...
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