Please activate JavaScript in your browser to use all interface options.

« May, 2020
Mo Tu We Th Fr Sa Su
123
45678910
11121314151617
18192021222324
25262728293031
Main page News room Press releases
Press releases

Rosneft Statement About the Use of Bond Issues

15 December 2014

Rosneft affirms that the bond issue by the Company is done with the sole scope of financing its project in the Russian Federation. The Company generates enough cash flow in foreign currencies in order to meet its loan repayment obligations. Until the need for repayment within the realization of its investment program during this year and the years to come the Company will hold all the ruble funds on ruble deposits of authorized banks: its usage for foreign currencies purchase is not applicable neither to loan agreements, nor to company plans. Therefore, not a single ruble, raised within the bond issue, will be used to buy foreign currencies.

Rosneft Information Division
Tel.: + 7 (499) 517-88-97
December 15, 2014

 

These materials contain statements about future events and expectations that are forward-looking in nature. Any statement in these materials that is not a statement of historical fact is a forward-looking statement that involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements expressed or implied by such forward-looking statements to differ. We assume no obligation to update the forward-looking statements contained herein to reflect actual results, changes in assumptions or changes in factors affecting these statements.