Rosneft has redeemed the final tranche of its $22bn bridge loan, the Russian oil company's press office said today according to RBC. Therefore, Rosneft has reduced its net debt to the level of EBITDA. The size of the tranche amounted to $2.3bn. Rosneft plans to continue efforts to increase its efficiency and maintain strong financial discipline, the press office cited the company's President Sergei Bogdanchikov as saying, especially by keeping its net debt close to the EBITDA level.
All news