Altyn Shyghys LLP

Financing for the purchase of raw materials (sunflower) for further processing and export sales under the program «Pre-export financing»

Agricultural sector

Funding status: On financing

Information about Altyn Shyghys LLP


Name of the project Financing for the purchase of raw materials (sunflower) for further processing and export sales under the program «Pre-export financing»
Description of the project Attraction of financing in the amount of 15 000 000 tenge for the purpose of purchasing raw materials (sunflower) for subsequent processing and sale of finished products for export
Borrower of Development Bank of Kazakhstan JSC Altyn Shyghys LLP
Final beneficiaries
  Yerbol Abdykalykov
Manufactured product Sunflower oil, sunflower meal
Project financing structure Project cost 30 bln ₸
Participation of Development Bank of Kazakhstan JSC, by financing currencies 30 bln ₸, including:
Credit line 1 – up to 10 bln ₸;
Credit line 2 – up to 5 bln ₸;
Credit line 3 – up to 15 bln ₸.




Conditions for providing a financing instrument by Development Bank of Kazakhstan JSC Funding currency Tenge
Type of financing instrument Revolving credit line
Interest rate

Credit Facility 1: 16.98% per annum, fixed;

Credit Facility 2: 6% per annum, fixed:

Credit Facility 3:half of the Base rate of the National Bank of the Republic of Kazakhstan per annum, but not more than 7.5% per annum + 2.33% per annum, floating.
Term of the credit line Credit line 1 – until 18.10.2025; Credit line 2 – until 18.10.2025; Credit line 3 – until 15.05.2026
Sources of financing

Credit line 1 – Own funds; 

Credit line 2 – Financing program of Development Bank of Kazakhstan JSC for projects to support exporters; 

Credit line 3 – Bank deposit of Export Credit Agency of Kazakhstan JSC in the Bank.

Additional Information Website
 https://seynar.kz/
Address
 Bld. 29, Glavnaya street, Predgornoye settlement, Krasnoyarsky rural district, Glubokovsky district, East Kazakhstan region
Phone +7 705 412 3490