for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up

BRIEF-Russia's Lukoil raises $600 mln loan for gas plant in Uzbekistan

April 19 (Reuters) - NK Lukoil PAO says:

* Lukoil has raised a $660 million loan with a ten years maturity to finance a part of the incurred construction costs for gas processing plant at the Kandym field in the Republic of Uzbekistan;

* Lukoil Overseas Uzbekistan Ltd. acts as a borrower. The loan was provided by ING Bank, UniCredit Bank and Deutsche Bank. Insurance is provided by the Korea Trade Insurance Corporation (K-Sure). Source text for Eikon: Further company coverage: (Reporting By Moscow Newsroom)

Breakingviews

Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.


Sign up for a free trial of our full service at https://www.breakingviews.com/trial and follow us on Twitter @Breakingviews and at www.breakingviews.com. All opinions expressed are those of the authors.

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up