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Rosneft Oil Company

April 10, 2009

Rosneft has completed the early repayment of the state credit

Rosneft has completed the early repayment of its USD 577 mln credit which was drawn in the IV quarter of 2008 by the Vnesheconombank.

The credit was drawn for the company for one year within the LIBOR +5% for the further credit repayments drawn by international creditors within the Federal law “Additional measures for the supporting the financial situation of Russian Federation”.

Within the early repayment the President of Rosneft Sergey Bogdanchikov said: “The early repayment performed by the means of the company earned in the first quarter of this year within the desire to return to the state the provided funds“.

 

 

 

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