| Project Detail |
Description of the project Increasing the productivity of commercial products (from 300 thousand tons / year to 340 thousand tons / year), reducing the cost of production of ammonia, weak nitric acid, nitrogen fertilizers, by developing a gas field (raw materials), construction of a GPP, modernization of existing production.
Borrower Development Bank of Kazakhstan JSC JSC "KazAzot"
Products and services
Ammonium nitrate;
nitrogen-phosphorus fertilizers;
ammonia
other types of nitrate with additions of sulfur, magnesium.
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Project financing structure Project cost 57 461 044 thousand tenge
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 40,550,000 thousand tenge
Borrowers own participation 16 911 044 thousand tenge
Participation in project financing of other creditors
Sublimit 1: 27,033.33 million tenge;
Sublimit 2: 10,026.09 million tenge
(equivalent in US dollars at the rate of the National Bank of the Republic of Kazakhstan).
Conditions for the provision of a financing instrument for Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge, US dollar
Financing instrument type Medium and long-term lending for investment projects
Remuneration rate Interest rate on loans:
Sublimit 1: 5%
Sublimit 2: 7.02%
Loan term 10 years
Sources of financing Own funds of Development Bank of Kazakhstan JSC, borrowed funds (including funds from the National Fund of the Republic of Kazakhstan) |
