YUKOS CFO Bruce Misamore said, "This notice by the lending group is a direct result of the actions of the Ministry of Taxes in its attempt to claim taxes, penalty interest, fines and penalties from YUKOS which are not due. The actions of the Ministry of Taxes have reduced, in the view of YUKOS' lenders and credit rating agencies, YUKOS' creditworthiness and have also caused considerable anxiety to a number of the largest financial institutions in the world."
Societe Generale S.A. is Co-ordinating Bank, Facility Agent and a Mandated Lead Arranger for the facility. Mandated Lead Arrangers for the facility are Citibank N.A., Commerzbank AG, Credit Lyonnais S.A., Deutsche Bank AG, HSBC Bank Plc, ING Bank N.V., KBC Bank N.V., BNP Paribas, and UFJ Bank Nederland N.V. Passport banks are JSC Bank Societe General Vostok (Moscow), Commerzbank (Eurasija) SAO ( Moscow) and Credit Lyonnais Rusbank Societe Anonyme (Moscow).
Most Popular Articles