LUKOIL Intragroup Loan grows to USD 15 billion

LUKOIL Intragroup Loan grows to USD 15 billion

The Loan Agreement between ОАО LUKOIL and LUKINTER FINANCE B.V. is intended for the operational redistribution of temporarily available cash between LUKOIL Group’s organizations in Russia and overseas with the aim to ensure efficient management of their working capital. The Supplement Agreement will allow the Сompany to increase the limit/range of the redistributed cash and enhance liquidity management efficiency within LUKOIL Group.
The conclusion of this Supplement Agreement will not result in any increase in the external consolidated debt of LUKOIL Group.