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Eurasia Group CA

Sector: Raw Materials • Location: Kazakhstan

Source: International Finance Corporation (IFC)

Project
Pending

The proposed IFC investment is a loan of up to US$33 million (M) to two subsidiaries of Eurasia Group AG, a Switzerland-based company (EG AG, the Guarantor), namely Eurasia Group Kazakhstan LLC (EG KZ) and Eurasia Group Kyrgyzstan LLC (EG KG). The Guarantor distributes and services John Deere and other western-made agricultural machinery through its subsidiaries in Kazakhstan and the Kyrgyz Republ

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The project “Eurasia Group CA” is an infrastructure initiative in the Raw Materials sector, located in Kazakhstan. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

pending

Taiyo status

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Description

Description

The proposed IFC investment is a loan of up to US$33 million (M) to two subsidiaries of Eurasia Group AG, a Switzerland-based company (EG AG, the Guarantor), namely Eurasia Group Kazakhstan LLC (EG KZ) and Eurasia Group Kyrgyzstan LLC (EG KG). The Guarantor distributes and services John Deere and other western-made agricultural machinery through its subsidiaries in Kazakhstan and the Kyrgyz Republic. The proposed financing to EG KZ and EG KG (together, the Companies) will be for the construction of three service centers in Astana, Almaty and Pavlodar in Kazakhstan and one service center in Bishkek, Kyrgyz Republic (the Project). The four service centers will allow the companies to support local farmers and agricultural production in both countries through distribution and maintenance services of agricultural machinery.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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