Asian banks provide 800 million euros in loans to Russia’s Gazprom

14-Dec-2016 Intellasia | Reuters | 6:00 AM Print This Post

Japan’s Mizuho Bank, Sumitomo Mitsui Banking Corp and JPMorgan Chase & Co have provided 800 million euros ($848 million) in loans to Gazprom, the Russian gas giant said in a statement on Monday.

The loan was provided for four years, it added.

The banks and Gazprom were expected to finalise the deal during Russia’s President Vladimir Putin’s visit to Japan on December 15-16, sources familiar with the matter told Reuters last week. ($1 = 0.9430 euros) ( million-euros-121526394.html;_ylt=Ajg8tC..1lmLW6i2WwC1Y1D4uYdG;_ylu=X3oDMTExY3U1cWJiBG1pdAMEcG9zAzUwBHNlYwNNZWRpYVRvcFN0b3J5VGVtcA-;_ylg=X3oDMTBhYWM1a2sxBGxhbmcDZW4tVVM-;_ylv=3


Category: FinanceAsia

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