ING in Russia

ING in Russia

ING participates in the syndicated facility to Rosneft

ING Commercial Banking is one of the MLA involved in the USD 30.04 billion syndicated bridge and term loan facilities to Rosneft.

The financing will be used to acquire a 50% stake in TNK-BP Ltd. from AAR (Alfa, Access, Renova) consortium.

Among other mandated lead arrangers and lenders are Bank of America Merrill Lynch, Barclays Bank, BNP Paribas, BTMU, Citibank, Credit Agricole, Intesa Sanpaolo Banking Group, J.P. Morgan, Mizuho Corporate Bank, Natixis, Nordea Bank, SMBC, Societe Generale, Unicredit Bank and Bank of China.