OREANDA-NEWS. January 10, 2007. Kazkommertsbank paid the first tranche of US $1 billion syndicated loan- for the amount of US$ 700 million, reported the press-centre of Kazkommertsbank.

This loan was signed in December 2006 and consisted of 2 tranches: Tranche A for the amount of US$ 700 million for one yrear and Tranche B for the amount of US$ 300 million for 3 years. Lead arrangers of the deal were The Bank of Tokyo-Mitsubishi UFJ, Ltd, ING Bank N. V., Standard Chartered Bank and UniCreditGroup. The purpose of the loan was funding of the import-export contracts of the customers.