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]