Kazakhstan’s Kashagan doubles prepayment loan to $2bn

Oil and gas
By Bianca Boorer
14 Sep 2017

KazMunayGas Kashagan (KMGK), one of the owners of the Kashagan oil field in Kazakhstan, has increased a five year secured oil prepayment loan facility to $2bn, to fund repayments to buyers under its production sharing agreement.

KMGK represents Kazakhstani oil company KazMunayGas and national wealth fund Samruk Kazyna’s interests in the oil field.

The facility was signed in November 2016 for $1bn. ABN Amro, MUFG, Mizuho, Cooperatieve Rabobank, SMBC were bookrunners and mandated lead arrangers. Crédit Agricole CIB and ...

Please take a trial or subscribe to access this content.

Contact our subscriptions team to discuss your access: subs@globalcapital.com

Or sign up for a trial to gain full access to the entire site for a limited period.

Free Trial

Corporate access

To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.