🌐 EDB to provide up to $31.2 million for a data centre project in Astana
The Eurasian Development Bank (EDB) and AKASHI DATA CENTER PLC have signed an agreement for up to $31.2 million in financing for a data centre project in #Astana.
The oversubscription was more than 2.5 times and final fixed coupon rate of 3.9%.
The bond issue is rated Ag by the Hong Kong-based China Chengxin (Asia Pacific) Credit Ratings Company Limited (#ССХАР).
EDB places debut Dim Sum bond issue in Hong Kong
The Eurasian Development Bank (EDB) has launched its debut inaugural Dim Sum bond issue in the offshore RMB bond market of #HongKong, marking a milestone transaction in the Bank's expansion into Asian capital markets.
We are honoured to receive congratulations from Alikhan Smailov, Chairman of the Supreme Audit Chamber of the Republic of #Kazakhstan, who shared his best wishes with the #EDB team.
#EDB20years
We are truly grateful to Association of Development Financing Institutions in Asia and the Pacific (@ADFIAP) for this recognition and for highlighting the work behind three EDB-supported projects in #Kazakhstan, #Tajikistan and #Uzbekistan.
The EDB acts as a senior co-lender in the @BankofAmerica-arranged $670 million club financing for the further development of @AlmatyAirport, contributing $100 million.
The financing brings together @MerrillLynch, @SocieteGenerale, The Turkic Investment Fund and Kazakhstan banks.
EDB: Domestic Industry Is Key to Reaching High-Income Status
We presented the report The Architecture of Industrial Transformation in Developing Economies. It is about how countries can transition to the high-income group and avoid getting stuck at the middle-income level.
Today in #Türkiye, the Eurasian Development Bank signed a Memorandum of Understanding with @UNHABITAT (United Nations Human Settlements Programme), strengthening cooperation on urban development across the region.
To celebrate our 20th anniversary, the #EDB team has prepared a variety of activities.
This weekend, some of the strongest members of our team are taking on the challenge of conquering Amangeldy Peak.
Good luck to our team — and may the strongest make it to the summit! 🗻