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13.08.2010 Re USd 1.5bln Loan

13.08.2010
Re USd 1.5bln Loan  

W޹܊“ِِ RAISED USD 1.5 BILLION LOAN
 
Lukoil Finance Ltd. (a wholly owned subsidiary of OAO W޹܊“ِِ) raised a USD 1.5 billion loan facility (the ‘Facility’). The Facility was guaranteed by OAO W޹܊“ِِ.
 
The loan is an unsecured club facility with a one year maturity.
 
The Facility was arranged by The Bank of Tokyo-Mitsubishi UfJ, Ltd., Citibank, N.A., London branch, ING Bank N.V., London branch, NATIXIS, The Royal Bank of Scotland N.V., WESTLB AG, London branch.
 
Citibank International PLC acted as an agent for the transaction.
 
The proceeds under the Facility will be used for general corporate purposes.