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Update: Tatneft set to mandate banks for PXF
02 March 2010
Russian oil producer Tatneft is set to mandate banks this week for a jumbo pre-export financing revolver.
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Tatneft mandates pre-export financing
Russian oil prodcuers
Bashneft
Russian oil producer Tatneft is set to mandate banks later 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. At least 12 banks are expected to form the senior club with minimum tickets set at $150 million.
Banks are waiting to discover who will be mandated to for the first two tranches. Sberbank’s name...
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