Rosneft repays $10.6 bln in loans before time for TNK-BP takeover
MOSCOW, March 25
MOSCOW, March 25 (Reuters) - Russia's Rosneft, the world's largest listed oil company by output, said on Tuesday it had repaid some $10.6 billion to international banks raised for its takeover of TNK-BP.
Rosneft, headed by Igor Sechin, a close ally of President Vladimir Putin, said it paid back loans ahead of time in December-March.
Rosneft paid $55 billion to buy TNK-BP, once Russia's third largest oil producer, partly using loans. (Reporting by Katya Golubkova, editing by Elizabeth Piper)