New credit terms for Kazatomprom

29 January 2001

Germany’s Westdeutsche Landesbank Girozentrale has adjusted its credit terms with Kazakhstan’s national nuclear corporation, Kazatomprom. The new agreement grants one-year’s grace and reduced interest payments for 2001. Kazatomprom has already drawn $15 million of the $30 million credit line. The balance will remain on standby and will only be drawn if necessary.

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