LukOil(OAO): Re USD 1.2 bln loan | Company Announcements

Monday 24 August, 2009

LukOil(OAO)

Re USD 1.2 bln loan

RNS Number : 8816X

LukOil (OAO)

24 August 2009

ОАО LUKOIL attracted a syndicated loan amounting to USD 1,200,000,000 today. The interest rate is LIBOR plus 4% per annum.

The loan term is 3 years.

The loan is secured by proceeds from oil export contracts.

The leading authorized organizers are: ABN AMRO BANK N.V., LONDON BRANCH, THE BANK OF TOKYO-MITSUBISHI UFJ, LTD., BARCLAYS CAPITAL, BNP PARIBAS S.A.,
CALYON, CITIGROUP GLOBAL MARKETS, LTD., DEUTSCHE BANK AG,
AMSTERDAM RANCH, ING BANK N.V., NATIXIS, JSB 'ORGRESBANK', SOCIETE
GENERALE and WESTLB AG.

DEUTSCHE BANK AG, AMSTERDAM BRANCH, acted as the Credit and Security Agent.

The proceeds under the loan will be used for general corporate purposes, the refinancing of the current financial debt and for the funding of oil export operations.

This information is provided by RNS

The company news service from the London Stock Exchange

END

STRPIMRTMMATMLL

Investegate takes no responsibility for the accuracy of the information within the site.

The announcements are supplied by the denoted source. Queries about the content of an announcement should be directed to the source. Investegate reserves the right to publish a filtered set of announcements. NAV, EMM/EPT, Rule 8 and FRN Variable Rate Fix announcements are filitered from this site.