Rosneft (RNFTF.PK) signs a $14.2B financing deal with a group of international banks for the purchase of 50% of TNK-BP from the Russian AAR consortium. Rosneft is also buying the other 50% of TNK-BP from BP; to finance that deal, Rosneft obtained a five-year loan of $4.1B and a two-year $12.7B loan.
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