Markets

Russia's Rosneft to raise 800bn rbls in domestic rouble bonds

Published December 10, 2014 Updated December 10, 2014 07:28am

MOSCOW: Russia's Rosneft plans to raise 800 billion roubles ($14.8 billion) from the sale of new domestic rouble bonds, RIA Novosti news agency said on Wednesday quoting company statements.

Last year, Rosneft closed a deal to buy its peer TNK-BP for $55 billion, using capital markets to finance the deal, along with other tools.

Copyright Reuters, 2014