Kcell announces receiving in Halyk Savings Bank of Kazakhstan of a tranche in the amount of KZT10.0 bn.

23.07.18 18:18
/KASE, July 23, 2018/ – Kcell (Аlmaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with following information statement: quote Almaty, 23 July 2018 - Kcell Joint Stock Company (“Kcell” or the “Company”) (LSE, KASE: KCEL), the leading provider of mobile telecommunications services in Kazakhstan, announces that it has completed the drawdown of a KZT 10 billion tranche under the Term Loan Facility Agreement dated 24 September 2013 between Kcell JSC and Halyk Bank of Kazakhstan JSC. The term of the loan expires on 16 July 2021 and bears an interest rate of 12.5% per annum. Repayment of the main debt in equal installments will start following the grace period (18 months); semi-annual tranches will be made starting from 19 July 2020. Enquiries: Kcell Investor Relations Irina Shol Tel: +7 727 2582755 ext. 1002 Investor_relations@kcell.kz Media Natalya Eskova Теl: +7 727 2582755 Pressa@kcell.kz International Media Instinctif Partners Тел: +44 207 457 2020 Kay Larsen, Galyna Kulachek Adrian Duffield unquote [2018-07-23]