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Finance / Russia

Naftogaz Seeks US$2bn Loan

June 2008 | M&A News Alert

Facing severe financial difficulty, Ukraine's state oil company Naftogaz on June 9 sent proposals to a range of banks a US$2bn loan, which will be used to fiannce the purchase of natural gas. Spokesman Valentyn Zemalyansky confirmed that 'we have sent invitations to 24 banks'.

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