Rosneft to give loan for $2 billion to its trading subsidiary
Edited by Rhod Mackenzie / 2014-11-06 01:09:46
The Rosneft’s Board of Directors has approved a loan to the amount of $2 billion to its trading subsidiary TNK Trading International SA, Rosneft reports.
The loan is provided to finance the operating activities of the company. The total amount of the transaction, including interest will make up $2.4 billion.
