Extending commercial banks loans tenors

Pakistan Removal of production bottlenecks & addition of waste gas spoiler Fertilizer
PCG BENEFICIARY: Standard Chartered Bank TENOR: 5 year –extension to 7 years

GuarantCo’s tenor extension guarantee was critical in Standard Chartered Bank providing a 7 year offshore USD loan to Fatima Fertilizer.

Fatima Fertilizer is the largest local manufacturer of CAN and NP and the proceeds of the USD facility will be used to remove certain identified bottlenecks in the production process and involves the addition of a waste gas boiler to improve energy efficiency.