Rosneft's Indian venture Nayara Energy's high-interest loans are being refinanced through a mix of both rupee- and dollar-bond issuances
Mumbai/New Delhi: Russian oil company Rosneft’s Indian venture Nayara Energy, which owns one of the largest refineries in the country, is moving to replace high-interest loans with new debt, part of efforts to reshape its balance sheet and cut borrowing costs, according to three sources familiar with the plan.
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