Friday Rosneft representative said that reports of the borrowing scheme were "premature" and that the dates of the shareholder meetings may be changed or canceled.
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Rosneft Postponed Its Loan
The Kremlin is likely to suspend Rosneft's plan to borrow $5.5 billion
The Kremlin is likely to suspend Rosneft's plan to borrow $5.5 billion from an unknown company through its units, Russian daily Vedomosti reported Monday, referring to an unidentified official in the presidential administration.
A senior official in the government required Rosneft?s head Sergei Bogdanchikov to cancel shareholders' meetings that were to approve the borrowing scheme, Vedomosti said.
Friday Rosneft representative said that reports of the borrowing scheme were "premature" and that the dates of the shareholder meetings may be changed or canceled.
Friday Rosneft representative said that reports of the borrowing scheme were "premature" and that the dates of the shareholder meetings may be changed or canceled.
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