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Kaz Minerals Announces New $600 Mln Debt Facility With Development Bank Of Kazakhstan


Friday, 14 Jun 2019 

June 14 (Reuters) - Kaz Minerals PLC ::KAZ MINERALS PLC - NEW $600 MILLION DEBT FACILITY.KAZ MINERALS PLC - NEW $600 MILLION DEBT FACILITY WITH DEVELOPMENT BANK OF KAZAKHSTAN.KAZ MINERALS PLC - NEW DBK FACILITY WILL PROVIDE FINANCING FOR GROUP'S AKTOGAY EXPANSION PROJECT.KAZ MINERALS PLC - FACILITY BEARS AN INTEREST RATE OF US DOLLAR LIBOR + 3.90%.KAZ MINERALS PLC - FIRST DRAWING UNDER LOAN IS EXPECTED DURING Q3 OF 2019..KAZ MINERALS PLC - FACILITY IS EXPECTED TO BE DRAWN IN 2019 AND 2020 AND EXTENDS FOR A TERM OF 15 YEARS UNTIL FINAL MATURITY IN 2034..KAZ MINERALS PLC -AKTOGAY CONSTRUCTION ON TRACK TO DELIVER NEAR-TERM COPPER PRODUCTION GROWTH FROM 2021. 

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