• Most Popular
  • Most Shared

LUKOIL asks state for $1.8 bln to refinance debt

Thu Nov 6, 2008 9:03am EST

Stocks

   

MOSCOW, Nov 6 (Reuters) - Russia's second-largest oil company LUKOIL (LKOH.MM) has asked state-owned bank VEB for a $1.8 billion loan to refinance its foreign debt, LUKOIL President Vagit Alekperov said on Thursday.

Russia

"We are holding talks. The 7 percent interest rate offered by VEB on the loan is too high," Alekperov told reporters. (Reporting by Denis Dyomkin, writing by Tanya Mosolova, editing by Gleb Bryanski)



More from Reuters

A man dressed as talks on a telephone during his visit at the Benjamin Bloom National Children Hospital in San Salvador December 17, 2009.

Making the call on stocks

Looking for something special to put under your favorite investor's tree? These shares may provide the best upside surprise.  Full Article 

A customer orders food at the newly opened Island Salad restaurant in Harlem in New York December 16, 2009. REUTERS/Finbarr O'Reilly

Food fight in Harlem

In a neighborhood where hamburgers and tacos reign supreme, one entrepreneur is waging war on obesity -- one salad at a time.  Full Article