OREANDA-NEWS.May 05, 2012. A syndicated facility agreement was signed with Rosneft Oil Company wherein Nordea Bank Russia participates as a Mandated Lead Arranger and Bookrunner, reported the press-centre of Nordea Bank.

Loan funds are advanced to the company for a five-year period in the form of two tranches denominated in euro and US dollars. The total deal value exceeds USD 2bn. 18 international financial institutions participate in the syndication.

Rosneft is a leader in the domestic oil industry and is among the world’s biggest public oil and gas companies. The company is also included into the list of systematically important institutions of Russia. 75.16% of the company’s shares are state-owned (through OAO Rosneftegaz) and 15% are free-floating. Rosneft has long-term ratings assigned by Fitch Ratings (BBB), Moody’s (Baal) and S&P (BBB-).