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BP redeems Lukoil bond. (Russia & CIS).(Brief Article)
BP has fully redeemed $420mn worth of five-year bonds convertible into 8.4mn shares in Russia's Lukoil. The major issued bonds convertible into 4pc of Lukoil in 2001, as part of its disposal of a 7pc stake in the Russian oil firm, which BP inherited in 2000 when it took over US firm …
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