Wednesday,
16 August 2017
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Fitch: Gazprom's China loan won't prevent liquidity erosion

Gazprom's EUR 2bln (RUB162bln) five-year loan from the Bank of China will only go a small way to covering its funding needs over the next few years, as debt maturities and operating funding needs are likely to eat into the group's large cash buffer, Fitch Ratings said in its press release.

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