EBRD Organises $300 Million Syndicated Loan for Modernisation of Kazakh Railways
ASTANA – The European Bank for Reconstruction and Development (EBRD) and a group of international commercial banks are providing a syndicated financing package of $300 million in support of a comprehensive modernisation and restructuring programme of Kazakhstan Temir Zholy (KTZ), the country’s rail operator, the lender said in a July 27 press release. The proceeds…