LOTTE Rakhat JSC

Pre-export financing of LOTTE Rakhat JSC

Food industry

Funding status: Guarantee status: On financing

Information about LOTTE Rakhat JSC

Project name Pre-export financing of LOTTE Rakhat JSC
Project description Financing of costs for the production and sale of products for export (chocolate, biscuit, candy products and other confectionery products)
Borrower Development Bank of Kazakhstan JSC LOTTE Rakhat JSC
Final beneficiaries
In accordance with the Law of the Republic of Kazakhstan "On Countering the legalization (Laundering) of Proceeds from Crime and the Financing of terrorism", Akhrarov Akhmed, head of the collegial executive body, was recognized as the beneficial owner
Products
Chocolate, sponge cake, candy products and other confectionery products
Structure of project financing Project cost 3 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 3 bln ₸




Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Kazakhstani tenge
Type of financing instrument Revolving credit line
Rate of remuneration 7% per annum
Loan term until May 20, 2026
Funding source Financing program of Development Bank of Kazakhstan JSC for projects to support exporters
Additional Information Address Republic of Kazakhstan, Almaty, Zenkov Street, 2A
Phone +7 (727) 258-47-11
+7 (727) 397-73-00
Website https://www.rakhat.kz/