trending Market Intelligence /marketintelligence/en/news-insights/trending/qJojo5fEgIeZNjp_3TdWyg2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

KAZ Minerals increases pre-export loan facility to US$600M

Essential Metals & Mining Insights - August 2020

State of the Market: Mining Q2-2020

Report Outlooks of Lithium and Cobalt

Essential Metals & Mining Insights July 2020

KAZ Minerals increases pre-export loan facility to US$600M

KAZ Minerals PLC amended its pre-export finance loan facility, increasing the facility commitments to US$600 million and extending the maturity of the existing facility by 2.5 years from December 2018 until June 2021.

Under the revised repayment schedule, principal repayments will start in July 2018 and continue in equal monthly installments over three years until final maturity in June 2021.

The balance of the US$600 million over the US$224 million outstanding under the existing facility, as at May 31, can be drawn over a six-month period until December.

"Financial covenants have been revised in the new [pre-export facility] to increase headroom as the group's new mines at Bozshakol and Aktogay continue to ramp up production," KAZ said in the June 9 statement.

The refinancing was coordinated by Deutsche Bank AG, ING Bank and Société Générale Corporate & Investment Banking acting as coordinating mandated lead arrangers and book runners.