Where he got the money? What will it do to ruble? -Rosneft CEO Sechin pledges to repay $7.1B this week. http://www.bloomberg.com/news/articles/2015-02-10/rosneft-ceo-sechin-pledges-to-repay-7-1-billion-loan-this-week … via @business
@johnhhaskell @business So you are saying the bond issue in December was actually for $20B? Much larger than previously stated?
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@andersostlund@business December was a surprise because mkt believed BS Sechin line that he had plenty of $ for debt service -
@johnhhaskell But what I am curious about is where he gets the money to repay? Obviously from Gov but all at once or more now? -
@andersostlund Wait a second, I thought the Gov's only source of money was oil, ie Rosneft. Rosneft's only source of money is the govt?!
End of conversation
New conversation -
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@andersostlund@business Not at all. Saying that post the Dec bungle, market knew to expect Rosneft would be buying dollars for Feb pmntThanks. Twitter will use this to make your timeline better. UndoUndo
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