Russia's Gazprom raises $1.06 billion in loans from Mitsubishi UFJ, Citi - Ifax
FILE PHOTO: A sign displaying the logo of Russia's Gazprom Neft oil company is seen at the company's office in the West Siberian city of Khanty-Mansiysk, Russia, January 28, 2016. REUTERS/Sergei Karpukhin
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MOSCOW (Reuters) – Russian state gas producer Gazprom has raised two loans worth 925 million euros ($1.06 billion) from Mitsubishi UFJ Financial Group and Citibank, the Interfax news agency reported on Thursday citing company data.
Gazprom raised the two four-year loans – 500 million euros from Mitsubishi UFJ, and 425 million euros from Citibank – in January and December respectively, the agency added.
(Reporting by Maxim Rodionov, Editing by Sherry Jacob-Phillips)