• Created: 29.08.2024
• Updated: 29.08.2024
• Read: 1975

NMMC signs US$150 million bilateral loan agreement with MUFG

In August 2024, “Navoi Mining and Metallurgical Company” JSC (“NMMC”) and MUFG signed a bilateral loan agreement worth US$150 million.

Proceeds of this credit line will ensure continuous financing of projects related to NMMC’s ongoing investment programme. The projects, being implemented in stages, are aimed at increasing processing capacity and production volumes, creating new jobs through the development of deposits, commissioning new production facilities and modernising existing ones.

Mitsubishi UFJ Financial Group, Inc. (MUFG) is one of the world’s leading financial groups. Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with approximately 2,000 locations in more than 40 countries. The Group has about 120,000 employees and offers services including commercial banking, trust banking, securities, credit cards, consumer finance, asset management, and leasing.

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