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Rosneft says redeems $5.1 billion from loans for TNK-BP purchase

The company logo of Rosneft is seen outside a service station in Moscow November 12, 2013. REUTERS/Maxim Shemetov

MOSCOW (Reuters) - Rosneft , Russia's top oil producer, said on Monday it has redeemed $5.1 billion (£3.12 billion) from loans, received from international banks, for the purchase of Anglo-Russian oil firm TNK-BP.

Rosneft completed the $55 billion cash-and-stock deal to buy TNK-BP last March to become the world's top listed oil producer.

(Reporting by Vladimir Soldatkin; editing by Megan Davies)