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Banks chosen for Kazakh Hurricane loan

Banks chosen for Kazakh Hurricane loan

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  • Kazakhstan corporate Hurricane Hydrocarbons has chosen three banks to arrange a US$225mn four-year export finance facility one of the biggest borrowings for a Kazakh company to date. The banks are BNP Paribas, ING and Natexis Banques Populaires. The deal is to be launched into syndication shortly.

    Natexis Banques Populaires arranged a US$60mn two-year loan for Hurricane in December 2001, priced at 350bp over Libor.

    • Banks chosen for Kazakh Hurricane loan

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