KAZ Minerals Plc signs two new term loan credit facility

  • Nov 17, 2019 GMT
  • Team Kalkine
  • KAZ Minerals Plc (KAZ) has announced that it has signed of a new term loan credit facility.
  • The new facility is of up to $100 million Caterpillar Financial Services (UK) Limited.
  • The Credit Facility is comprised of two sub-facilities of $40 million and $60 million secured against existing and new Caterpillar equipment.
  • The repayments (Quarterly) for the two sub-facilities will commence in December 2020, with final maturities in December 2023 and March 2026.

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