EDB Lends $100mn for $670mn Financing of Almaty Airport Expansion
The lender group includes Merrill Lynch International, Société Générale and Kazakh banks, and the deal matures in 2033.
4 Articles
4 Articles
EDB Joins $670 Million Financing for Almaty Airport Expansion
The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – The Eurasian Development Bank (EDB) will provide $100 million as part of a $670 million financing package arranged by Bank of America to support the further development of Almaty International Airport, the largest aviation hub in Central Asia. The financing will support modernization of the domestic terminal, upgrades to airside infrastructure and aircr…
According to the bank's statement, the $670 million financing package organized by Bank of America will enable the airport to respond to increasing passenger and cargo traffic, modernize its infrastructure, and increase its operational capacity...
Money will be sent to the inland terminal, airfield and cargo infrastructure
Coverage Details
Bias Distribution
- 50% of the sources are Center, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
