EVOLVEKZ LLP

Acquisition of a 100% stake in DSK GLB LLP and expansion of the production capacity of the house-building plant

Production of building materials

Funding status: Guarantee status: On administration

Information about EVOLVEKZ LLP

Name of the project

Acquisition of a 100% stake in DSK GLB LLP and expansion of the production capacity of the house-building plant

Description of the project

Acquisition of a 100% stake in DSK GLB LLP and expansion of the production capacity of the house-building plant

Borrower Development Bank of Kazakhstan JSC

EVOLVEKZ LLP

Final beneficiaries
Denis Udot,  Maksat Komekov

Products and services

Prefabricated reinforced concrete and concrete structures and products

Project financing structure

Project cost

27,751 bln ₸

Participation of Development Bank of Kazakhstan JSC, in the context of financing currencies

22,200 bln ₸

Borrower's own participation

5,500 bln ₸

Participation in project financing of other creditors

Not provided

Conditions for the provision of a financing instrument for Development Bank of Kazakhstan JSC

Funding currency

KZT

Financing instrument type

Credit facility

Remuneration rate

up to 15% (the project is financed under the Business Roadmap – 2025 State Program for Business Support and Development, subsidized interest rate on the final borrower is 6%)

Loan term

10 years

Sources of financing

DBK’s own and raised funds

Additional Information Address Astana, Е117 street, 40 building, N.P. 1
Tel.

8-778-242-63-40 

Website

www.evolve.kz