The Ukrainian Metal

Kazakhstan: KAZ Minerals borrows $1 billion

Sovkombank has organized a loan for KAZ Minerals in the amount of $1 billion.

The deal was formed as pre-export financing for 4 years with the possible prolongation for 2 years.

The financing has been provided by a syndicate of leading financial institutions, with Sovkombank being the only Russian bank. (Ukrainian metal)

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