MEDIA-Russia's VTB helped finance Rosneft deal - Vedomosti
MOSCOW, Jan 16 (Reuters) -
* Russian lender VTB helped finance the purchase of a 19.5 percent stake in state-owned oil major Rosneft by trading house Glencore (Frankfurt: 8GC.F - news) and the Qatar Investment Authority (QIA), the Vedomosti business newspaper reported on Monday;
* Singapore firm QHG Shares PTE Ltd raised 692 billion roubles ($11.57 billion) from VTB on Dec (Shanghai: 600875.SS - news) . 15 last year, borrowed against Rosneft shares it had purchased from Russian state holding company Rosneftegaz, Vedomosti cited company documents as saying;
* VTB then ceded its claim to the debt and Rosneft shares as collateral to Rosneftegaz on Dec. 22, Vedomosti said.
* VTB declined to comment when contacted by Reuters. Rosneft said the deal had been completed in full and steps had been taken to avoid market volatility, but did not comment on how it was financed. -- Source link: http://bit.ly/2jpoSD0 -- Note (Stockholm: NOTE.ST - news) : Reuters has not verified this story and does not vouch for its accuracy. ($1 = 59.8140 roubles) (Reporting by Moscow newsroom)