Uzbekneftegaz negotiating refinancing of $1.1 billion in loans
The company expects to reduce the average interest rate from 7.7% to 3.8%. Of the refinanced amount, $840 million relates to Uzbekistan GTL and $260 million to loans of Uzbekneftegaz itself. At the same time, the terms of 41 loans worth $384 million were revised, saving about $18 million.
Aziz Karimov