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Lukoil Makes $500 Mln Advance Payment On $1.2 Bln Loan

Lukoil Makes $500 Mln Advance Payment On $1.2 Bln Loan
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Παρ, 3 Σεπτεμβρίου 2010 - 18:43
Russian oil producer OAO Lukoil Holdings (LKOH.RS) said Friday it has made an advance payment of $500 million on a $1.2 billion loan obtained last year in August.
Russian oil producer OAO Lukoil Holdings (LKOH.RS) said Friday it has made an advance payment of $500 million on a $1.2 billion loan obtained last year in August.

Lukoil said the advance payment on the loan, which was secured against oil export contracts and had a three-year maturity, proves the company's "strong financial position and sufficient liquidity level."
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