SG sets up $100m credit facility for Kazakh energy company

PKKR has the option of using the base either to draw short-term revolving cash advances or to enter into crude oil price hedging transactions. This is the first facility of this nature granted to a borrower in Kazakhstan, says SGCIB, the corporate and investment banking arm of French financial group Société Générale.

The facility is governed by a borrowing base, which is a valuation of the cashflow, made on the basis on an assessment of the company’s crude oil reserves. The borrowing base is

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: