KazMunaiGas’ Urikhtau loan will not close before year end

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KazMunaiGas’ Urikhtau loan will not close before year end

Almaty, Kazakhstan

KazMunaiGas is still arranging its $600m loan through operating subsidiary, Urikhtau. The deal will likely close early next year, said a banker on the deal. A banker away from the deal said the deal may be struggling.

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