| Kazakh sovereign wealth fund Samruk-Kazyna said on Oct. 27 it had signed a five-year syndicated loan worth up to $1.5 billion to help it buy a stake in the Kashagan oilfield from Kazakh state oil and gas firm KazMunaiGas. The Bank of Tokyo Mitsubishi UFJ, Ltd. was mandated as the sole coordinator, bookrunner and lead arranger for the loan which was Samruk's debut transaction of the kind.
Samruk, managing state-run stakes in major Kazakh companies varying from oil and gas to railways, airlines and uranium, said the loan had originally been signed for $1 billion, but a clause in the deal would allow it to raise the amount to $1.5 billion...............................................Full Article: Source
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