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Russia's Yamal LNG signs $12 bln loan deals with Chinese banks
MOSCOW, April 29 (Reuters) - Russia's Novatek-led Yamal LNG project has signed loan agreements with Chinese banks worth 9.3 billion euros ($10.6 billion) and 9.8 billion yuan ($1.5 billion), Yamal LNG said on Friday.
It said the loans were raised at EURIBOR 6-month plus margin of 3.30 percent at the construction stage and 3.55 percent after the full commissioning of the project, and at SHIBOR 6-month plus margin of 3.30 percent and 3.55 percent respectively.
($1 = 0.8790 euros)
($1 = 6.4840 Chinese yuan renminbi) (Reporting by Vladimir Soldatkin; Editing by Jack Stubbs)
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