Russia’s petrochemicals giant Sibur may consider borrowing from the nation’s wealth fund to partially finance construction of a plant near the border with China as it discusses terms for a nearly $10 billion bank loan.
The funding could allow Sibur to borrow less from a consortium of Russian and foreign banks as it develops the Amur gas chemical complex, Peter O’Brien, managing director for finance, told Bloomberg in an interview on the sidelines of the Eastern Economic Forum in Vladivostok.
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September 06, 2021 at 06:06PM
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Sibur May Ask Russian Wealth Fund to Help Finance Amur Plant - Bloomberg
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