/KASE, August 15, 2019/ – Samruk-Energy (Nur-Sultan), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following
communiqué dated August 15, 2019:
Samruk-Energy and its subsidiary Moynak hydroelectric plant repaid ahead of
schedule the USD136.3 mln currency loan for Moynak hydroelectric plant earlier
received from China's State Development Bank.
The transaction will allow Samruk-Energy to substantially reduce the portion of
currency loans in its loan portfolio from 17% to 3% and to decrease the
negative impact of currency fluctuations on the holding's financial indicators.
Besides, according to experts, the early repayment of the currency loan complies
with the state policy in terms of the economy de-dollarization, decrease of the
external quasi-state debt, increase of the value of assets of national companies.
The full press release is available on KASE website:
– in Kazakh;
– in Russian.