Board of Directors of Kcell decides to extend and increase amount of credit line up to KZT3.0 bn under framework agreement with Altyn Bank (Subsidiary Bank of Halyk Savings Bank of Kazakhstan)
25.09.15 17:46
/KASE, September 25, 15/ – Kcell JSC (Almaty), whose shares are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the
following information statement:
quote
... The Board of Directors of Kcell JSC on September 11, 2015 decided to extend
and increase the amount of the credit line from KZT2.2 bn to KZT3.0 bn under
the Framework Agreement of September 24, 2013, concluded between Kcell
JSC and Altyn Bank JSC (SB of Halyk Savings Bank of Kazakhstan JSC) with
the working capital financing purpose. Thus, the line of credit in the amount of
KZT2.2 bn was extended for a period of 12 (twelve) months.
Within the framework of the above-mentioned credit line, on September 23, 2015
Kcell JSC received an additional tranche of KZT800 mln.
Enquiries:
Kcell
Investor Relations
Irina Shol
Tel: +7 727 258755 ext. 1205
Investor_relations@kcell.kz
unquote
[2015-09-25]