Syndicated loan: Tengizshevroil, 07.2016 (3,000 mln)

Loan information

LoanTengizshevroil, 07.2016
Type of placementSyndication
AmountUSD 3,000,000,000
Signing dateJuly 2016
Maturity date***
Mandated lead arrangers (MLAs)***
Purpose of loanProject financing
Purpose of loanFurther development of the major Tengiz oil field, onshore in Kazakhstan
Type of loanRevolving credit
Additional informationLoan is provided to Tengizchevroil Finance Company International Ltd. 2 extension options at the end of year 5 and 6, whereby TCO can extend respectively 2/3rds and 1/3rds of the initial CBF for one additional year. The Facility benefits from a strong security and covenant package (a.o. security of accounts, DSRA, distribution restrictions and additional indebtedness, negative pledge etc.).
Investment banks***

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Syndicated loans

Loans Volume, mln Status
Tengizshevroil, 07.2016 3,000 USD Granted


List of affiliated companiesTengizchevroil Finance Company
Tengizchevroil Finance Company International Ltd
Full issuer nameTengizshevroil LLP
Country of registrationKazakhstan
Other issues of the issuer (including issues by affiliated companies )Tengizshevroil, 4% 15aug2026, USD
Tengizshevroil, 6.124% 15nov2014, USD
IndustryOil and gas
Issuer ratings:
Rating AgencyRatingRating scaleDate
S&P Global Ratings *** Foreign Currency LT ***
S&P Global Ratings *** Local Currency LT ***
S&P Global Ratings *** LT National Scale (Kazakhstan) ***
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