Gazprom signs €1 billion loan agreement with Japanese, US banks

Gazprom signs €1 billion loan agreement with Japanese, US banks

5:11 AM, 29th November 2017
Gazprom logo

MOSCOW, RUSSIA: Gazprom has signed a five-year €1 billion credit facility agreement with Japan's Mizuho Bank Ltd (Mizuho), Sumitomo Mitsui Banking Corporation (SMBC) and US-based JP Morgan Chase Bank NA (JP Morgan).

The document was signed by Andrey Kruglov, deputy chairman of the Gazprom management committee; Nobuhide Hayashi, chairman of Mizuho; Yasuhiko Hashimoto, joint head of Europe, Middle East and Africa, Mizuho; Yasuyuki Kawasaki, deputy president, head of international banking unit, SMBC; Kenichi Hosomi, managing executive officer, deputy head of international business unit, SMBC; and Yan Tavrovsky, president of CB JP Morgan Bank International (LLC).

The signing of the agreement marked another step in Gazprom's successful long-term cooperation with the aforementioned credit organizations.

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