Kcell announces concluding KZT10 bn loan agreement with Halyk Savings Bank of Kazakhstan
14.05.19 16:26
/KASE, May 14, 2019/ – Kcell (Almaty), whose shares are officially listed on
Kazakhstan Stock Exchange (KASE), has provided KASE with the following
communiqué dated May 14, 2019:
quote
Kcell Joint Stock Company ("Kcell" or the "Company") (LSE, KASE: KCEL), the
leading provider of mobile telecommunications services in Kazakhstan,
announces that it has obtained a KZT 10 billion tranche of the approved credit
line from Halyk Bank of Kazakhstan JSC. This tranche was obtained within the
framework of the bank loan agreement signed between Kcell JSC and Halyk Bank of
Kazakhstan JSC on 24 September 2013.
The loan dated 13 May 2019 is provided for a three-year term until 12 May 2022
with an interest rate of 11.0% p.a. The principal redemption will be made by a
one-off payment on the expiry date of the loan.
Enquiries:
Kcell
Investor Relations
Irina Shol Tel: +7 727 2582755, ext. 1002
Investor_relations@kcell.kz
Media
Natalya Eskova
Tel: +7 727 2582755 ext. 1902
Pressa@kcell.kz
International media
Instinctif Partners
Kay Larsen, Galyna Kulache
Tel: +44 207 457 2020
unquote
[2019-05-14]