Gazprom inks EUR 700 million loan deal with Unicredit

For illustration purposes only (Image courtesy of Gazprom)

Russian gas giant Gazprom has signed a 700 million euro ($812.8 million) loan agreement with Italy’s Unicredit bank.

The loan signed in November has a five-year maturity, Gazprom said in a statement on Thursday.

It will be used for corporate purposes, Gazprom added without revealing any additional info.