Rosneft Rushes to Repay Loans

By Ivan Shlygin, April 19, 2014

“Over the next two to three years, the current level of capital investment will be sustained and afterwards it will start to decline,” the analysts say. This year, Rosneft is also scheduled to pay dividends, which could potentially amount to 136 billion rubles, representing a 60-percent increase over the 85 billion rubles paid to shareholders in 2013. All these costs, including payments on short-term loans, will motivate the company to place new bonds and Eurobonds, conclude Gazprombank analysts.