Kazkommertsbank (Kazakhstan) paid off the syndicated loan to the amount of USD600 m.
08.09.08 16:48
/KASE, September 8, 08/ - Kazkommertsbank (Almaty), the listed company of
Kazakhstan Stock Exchange (KASE), provided today to KASE the press release
of the following content:
Quotation start
On September 4, 2008, Kazkommertsbank paid off the syndicated loan to the
amount of USD600 m. The basic debt and the amount of accrued interest were
paid off at the expense of the bank's own resources.
The syndicated loan was borrowed in August 2007 to fund export-import
transactions of the bank's clients.
This loan was organized by Bank of Tokyo-Mitsubishi UFJ, LTD., Citibank, N.A.,
Standard bank plc and Mizuho Corporate Bank, Ltd.
For contacts:
Press Service of Kazkommertsbank
+7 (727) 258 54 56
email: pr@kkb.kz
Investors Relations
+7 (727) 258 51 25
email: investor_relations@kkb.kz
Quotation end
[2008-09-08]