Kcell received KZT8.0 billion tranche as part of bank loan

/KASE, December 31, 14/ – Kcell (Алматы), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release: quote ... KZT8 bn tranche received of within the approved credit line under the bank loan agreement closed between Kcell JSC and Halyk Savings Bank of Kazakhstan JSC in the amount of KZT30 bn to be used for working capital. Previously, Kcell JSC has received tranche within the credit line amounting to KZT10 bn, which was repaid in a timely manner. As of September 30, 2014 shareholders' equity of the company is KZT79.4 bn. The tranche size makes 10 percent of the size of equity of Kcell JSC. The size of the credit line makes 38 percent of the size of equity of Kcell JSC. unquote [2014-12-31]