Shanyrak Platinum LLP

Construction of the Hilton hotel complex for 253 rooms, in the area of the international specialized exhibition EXPO-2017, with the involvement of the international operator Hilton Worldwide

Tourism

Funding status: On administration

Information about Shanyrak Platinum LLP

Project name Construction of the Hilton hotel complex for 253 rooms, in the area of the international specialized exhibition EXPO-2017, with the involvement of the international operator Hilton Worldwide
Project description The project is expected to complete the construction of the Hilton hotel complex for 253 rooms, in the area of the international specialized exhibition EXPO-2017. The project participants are Shanyrak Platinum LLP,«Astana EXPO-2017» NC JSC and Development Bank of Kazakhstan JSC
Borrower Development Bank of Kazakhstan JSC Shanyrak Platinum LLP
Final beneficiaries
 Gulnur Sarsekeyeva, BI Business LLP, BI Property LLP, Aidyn Rakhimbayev
Services
Hotel services, rental of the premises of the hotel complex «Hilton»
Structure of project financing Project cost 43,657 bln ₸
Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies 7 bln ₸
Borrower's own participation 6,4 bln ₸
Participation in financing of the project of other creditors Funds of NC Astana Expo-2017 JSC in amount of 30,2 bln ₸
Terms of granting the financing instrument of Development Bank of Kazakhstan JSC Funding currency Tenge
Type of financing instrument Medium - and long-term lending to investment projects
Rate of remuneration
  • Limit 1: 13,23% annual, fixed;
  • Limit 2: 13% annual, fixed
Loan term Up to 13 years
Funding source Own funds of Development Bank of Kazakhstan JSC
Additional Information Address Astana, Yesil district, Sauran street, building 46