NGMK signs memorandums to raise funds in the amount of US$$450 million and €200 million

Tashkent, Uzbekistan (UzDaily.uz) -- Navoi Mining and Metallurgical Plant JSC (NGMK) signed memorandums to raise funds in the amount of $450 million and €200 million.

In particular, NGMK signed memorandums with the Eurasian Development Bank (EDB), JPMorgan Chase Bank, Raiffeisen Bank and KFW IPEX-Bank.

The funds raised will be used to finance large and strategically important investment projects of NGMK for 2022-2026.