Construction and Operation of Primary Gold-Bearing Ores Processing Facility Project
Metallurgical Industry
Funding status: Guarantee status: Mastered
Information about RG Processing LLP, RG Gold LLP
Project Name |
Construction and Operation of a Primary Gold Ore Processing Complex with a Production Capacity of 5 Mln Tons of Ore Per Year. The project is being implemented under the State Industrial and Innovative Development Program (SIIDP) |
|
Project Description |
Construction and Operation of a Primary Gold Ore Processing Complex with a Production Capacity of 5 Mln Tons of Ore Per Year |
|
Borrower
Development Bank of Kazakhstan JSC |
RG Processing LLP, RG Gold LLP |
|
Final Beneficiaries |
The Utemuratov family |
|
Product |
Gold doré bars with 88% gold content |
|
Industry |
Metallurgical Industry |
|
Funding Status |
Mastered |
|
Region |
Akmola Region |
|
Project Financing Structure |
Project Cost |
424,9 mln $ |
Interest of Development Bank of Kazakhstan JSC, by currency of financing |
300 mln $ |
|
Personal Interest of the Borrower |
12,471 bln ₸ |
|
Interest of other creditors in the project financing |
None |
|
Terms and Conditions of the Financing Instrument of Development Bank of Kazakhstan JSC |
Financing Currency |
USD, KZT |
Type of Financing Instrument |
Non-revolving credit facility |
|
Interest Rate |
on the USD limit – 6-month Libor+4,1%;
on the KZT limit – 9% |
|
Loan Term |
108 mon. |
|
Source of Financing |
According to the Financing Program of Development Bank of Kazakhstan JSC for projects under SPIID and China Development Bank’s funds |
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Contact Details |
Website |
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Address |
Floor 7, TALAN TOWERS BC, 16 Dostyk Str., Astana |
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Phone |
+7 (716) 362 13 19, + 7 (716) 362 13 20 |