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Tatneft set to mandate banks for PXF

25 February 2010

Russian oil producer Tatneft is set to mandate banks this week for a jumbo pre-export financing revolver.

Read more: Tatneft mandates pre-export financing Russian oil prodcuers Bashneft

Russian oil producer Tatneft is set to mandate banks this week for a $2 billion pre-export financing revolver.

The deal is split between a three-year, a five-year, and a seven-year tranche.

Banks are waiting to discover who will be mandated to arrange the first two tranches. Sberbank’s name is already attached to the seven-year tranche, but this could still change according...


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