Eurasian Bank (Kazakhstan) announces concluding non-arm's length deal

13.09.13 11:29
/KASE, September 13, 13/ – Eurasian Bank (Almaty), whose bonds are officially listed at Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following: quote ...the Bank has concluded a non-arm's length deal (Agreement on provision of a loan facility (Minutes of Board of Directors 109 dated September 3, 2013): 1) date when the joint-stock company's body took a decision to conclude the deal – September 3, 2013 2) value of underlying asset – USD3,000,000 (three million) 3) date of the most recent valuation of the underlying asset – not applicable 4) percentage ratio of the value of underlying asset to the value of the joint- stock company's total assets – 0.09% 5) main substantial terms of the deal – interest rate 12% p.a., financing term – 36 months 6) deal conclusion date – September 3, 2013 unquote [2013-09-13]