Exclusive: New Russia sanctions disrupt major Intesa loan syndication

Published: 25/08/2017
Exclusive: New Russia sanctions disrupt major Intesa loan syndication
Source: WWW.CHANNELNEWSASIA.COM

Italian bank Intesa Sanpaolo has encountered problems syndicating a loan to Glencore and Qatar's wealth fund to finance their purchase of a stake in the Kremlin-controlled oil major Rosneft because of new U.S. sanctions against Russia.

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