Kcell announces extension of loan terms as well as reducing amount under Framework agreement on funding with SB HSBC Bank Kazakhstan
14.10.14 13:30
/KASE, October 14, 14/ – Kcell JSC (Almaty), whose shares are officially listed
on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of October 13, 2014:
quote
Kcell Joint Stock Company ("Kcell" or the "Company") (LSE, KASE: KCEL), the
leading provider of mobile telecommunications services in Kazakhstan by market
share in terms of revenue and subscribers, announces that its syndicated loan in
the amount of KTZ 14,500 million has been extended to 28 September 2015.
Citibank International Plc is acting as a facility agent under the agreement.
The term may be further extended to 26 September 2016. The Company has also
extended a separate loan it has with SB HSBC Bank Kazakhstan JSC to 25
September 2015. The loan amount has been reduced from KTZ 6,000 million to
KTZ 2,200 million.
Contacts
Investor Relations
Irina Shol
tel. +7 727 2582755, ext. 1205
Investor_relations@kcell.kz
Media
Natalya Eskova
tel. +7 727 2582755, ext. 1902
Pressa@kcell.kz
International media
Instinctif Partners Tel: +44 207 457 2020
Leonid Fink, Tony Friend, Kay Larsen, Galyna Kulachek
unquote
[2014-10-14]