"Lukoil" can enter into the capital of its key contractor Eurasia Drilling Company.
Edited by Rhod Mackenzie / 2016-04-19 10:54:08
"Lukoil" had issued a credit of $ 150 million to its key contractor Eurasia Drilling Company (EDC), "the Vedomosti" reported with reference to Fitch's data. The loan is secured by a share in the largest subsidiary of EDC - Drilling Company "Eurasia" (DCE) worth $ 180 million, which was around 23% of the book value of the company at the end of the year, the agency informs.
