Related News

The US$150mn trade-related term loan facility, extension and increase, for OJSC Kazkommertsbank, arranged by Deutsche Bank AG London has been signed. After a highly successful syndication, the 12-month facility was heavily oversubscribed and the amount increased to US$150mn. This is by far “The banks recognised that the Borrower is the leading bank in what is now an investment grade country.”

“Kazkommertsbank was particularly pleased with the success of the deal,” said Eldar Abdrazakov, Managing Director at Kazkommertsbank, “especially as our original aim was to focus on achieving a reduced margin.”