You are here

Repayment of US$7b loan a signal to buy Rosneft bonds: investors

It is the largest foreign debt obstacle the Russian oil company must cross in 2015: investors
Tuesday, February 10, 2015 - 05:50

The Rosneft logo at a petrol station in Stavropol, southern Russia. With more than US$40 billion of net debt as at Sept 30, state-led Rosneft is the most indebted company relative to earnings among large oil producers except for Brazil's Petroleo Brasileiro.


AS OAO Rosneft pulls together funds to repay US$7.1 billion of loans due on Friday, some investors say it's the moment to buy the Russian oil company's bonds after the best week for crude in almost four years.

"Now is a good time," Dmitry Postolenko, who helps manage about

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom