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Tuesday, March 03, 2009

Gazprom borrowed $100 mln from SocGen in December

MOSCOW, March 3 (Reuters) - Russia's gas export monopoly Gazprom (GAZP.MM) said on Tuesday it borrowed $100 million in December from Societe Generale (SOGN.PA), the second tranche of a $350 million loan facility. In its third-quarter earnings release, Gazprom said it took the loan due in 2009 from SocGen at LIBOR plus 3.6 percentage points, the same rate as on the $250 million it borrowed in November.

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