INSIDE: Unraveling the Rosneft Deal with Glencore and QIA

Posted on 01/13/2017


Commodities firm Glencore plc and the Qatar Investment Authority (QIA) together ended up acquiring a 19.5% stake in Rosneft PJSC through a varied transaction of debt and equity. A large portion of the deal came through debt financing. For example, under the deal terms, Glencore is committing €300 million in equity, while the QIA is […]