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Foreign banks showing interest in syndicate to buy Rosneft shares

February 28, 10:33 UTC+3
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SOCHI, February 28. /TASS/. Fourteen banks showed interest in participating in a syndicate for acquisition of shares in Russian oil major Rosneft, Chairman of Italy’s Banca Intesa in Russia Antonio Fallico told reporters on Tuesday.

"We looked into the market and the market is highly interested in Rosneft but we do not hurry up Fourteen banks are interested; no banks from Russia," he said.

Intesa feels itself comfortably so far, Fallico said. "I do not want to comment but we fell ourselves comfortable and calmly. Rosneft is a highly reliable partner, therefore we do not engage other banks," Fallico added.

Reuters said earlier citing Intesa’s top manager that international bank will participate in the credit syndicate of Intesa Sanpaolo in the amount of 5.2 bln euro for the transaction with Rosneft shares.

The bank will act as the loan underwriter and will attempt to create a syndicate of banks, Intesa’s representative said early in January.

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