On December 21 Rosneft Oil Company concluded a deal to borrow $12.74 billion, the company informed.
The loan shall mature in two years. The funds will be used to acquire 50% in TNK-BP Limited from BP Russian Investments Limited.
The arrangers of the loans are: Bank of America Securities Limited; The Bank of Tokyo-Mitsubishi UFJ, Ltd.; Barclays Bank PLC; BNP Paribas SA; BNP Paribas (Suisse) SA; Citibank, N.A., London Branch; Credit Agricole Corporate and Investment Bank; ING Bank N.V.; Intesa Sanpaolo S.P.A.; J.P. Morgan Limited; Mizuho Corporate Bank, Ltd.; Natixis; Societe Generale, London Branch; Unicredit Bank Austria AG.
OJSC Rosneft (tax number: 7706107510) is the largest oil company and largest tax payer in the Russian Federation. Rosneft's proved SEC compliant reserves as of December 31, 2011 were 17.618 billion barrels of oil equivalent. In 2011, Rosneft ramped up production of hydrocarbons to 2.586 barrels per day.
The company's authorized capital is RUB 105.981 million. This amount is represented by 10,598,177,810 common shares at par value of RUB 0.01. The company's largest shareholder is the state-owned company Rosneftegaz securing 75.16% of its authorized capital.
Net profit (IFRS) of Rosneft for 9 months 2012 increased by 15.4% to RUB 285 billion. Sales revenue increased by 16.1% to RUB 2.268 trillion. EBITDA decreased by 10.6% to RUB 445 billion.
Net profit (RAS) of OJSC Rosneft Oil Company for January-September 2012 increased by 38.2% to RUB 236.196 billion from RUB 170.94 billion for 9 months 2011. Rosneft's revenue increased by 32.5% to RUB 1.306 trillion from RUB 986.376 billion in January-September 2011, pre-tax profit by 30% to RUB 274.305 billion from RUB 211.063 billion.
"AK&M", 09.01.2013 11:17