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Kazakhmys – pre-export financing
23 March 2009
Swift syndication for Kazakh operator
Read more:
Kazakhstan
copper
pre-export
PXF
Kazakhmys
Linklaters
Lovells
With the ravages that have taken place in the market over the past eight months or so, deals done in the first half of 2008 seem much further back than they actually were. But this should not detract from a time when we had a relatively healthy international syndicated loan market and some excellent deals were structured within that. In this case in early 2008, banks came together to raise funds for the Kazakh copper producer, Kazakhmys. At a final take for the borrower of $2.1 billion, not only was this Kazakhmys' largest finance facility ever...
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