National atomic company Kazatomprom signs USD450 mln loan agreement with international banks
20.01.15 16:29
/KASE, January 20, 15/ – National atomic company "Kazatomprom" JSC (Astana),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press-release:
quote
On January 19, 2015 in London, Nurlan Kapparov, the CEO of NAC Kazatomprom JSC,
signed a USD 450 million Facility Agreement executed between Kazatomprom and
international banks such as Bank of Tokyo-Mitsubishi UFJ, Citibank N.A. London
Branch, Deutsche Bank AG London Branch, Mizuho Bank Ltd. and Sumitomo Mitsui
Banking Corporation acting as lenders. The loan was received for a term of 4.5
years with annual rate of 2% + Libor.
Credit funds are expected to be used for refinancing the company’s Eurobonds
with the maturity term in May 2015.
It shall be reminded that in 2010 NAC Kazatomprom JSC issued debut Eurobonds to
the amount of 500 mln. USA dollars for a term of 5 years, with the coupon rate
of 6.25%. Funds from Eurobonds were mainly used for financing uranium mining
projects.
Contacts for investors (Eurobonds)
Zhusup Eralin
Acting director
Department of Corporate Finance and Treasury
tel. +7 /7172/ 551237
tel./fax +7 /7172/ 551399
e-mail: zhyeralin@kazatomprom.kz
Kalamkas Sagymbekova
Department of Corporate Finance and Treasury
tel. +7 /7172/ 551237
tel./fax +7 /7172/ 551399
e-mail: ksagimbekova@kazatomprom.kz
unquote
[2015-01-20]