Samruk-Kazyna Construction repays outstanding debt of KZT9.03 bn to Samruk-Kazyna

10.04.20, 17:41
/KASE, April 10, 2020/ – Samruk-Kazyna Construction (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the the following press release: quote Samruk-Kazyna Construction (hereinafter, the Company) informs about full repayment of debt to Samruk-Kazyna as part of the Loan Agreement dated August 18, 2009, No.10-FN concluded between the Company and Samruk-Kazyna. On April 6, 2020, the Company paid outstanding debt in the amount of KZT9.03 bn. For reference: In accordance with the Joint Action Plan of the Government of the Republic of Kazakhstan, the National Bank of Kazakhstan and the Agency of the Republic of Kazakhstan for Regulation and Supervision of the Financial Market and Financial Organizations on stabilizing the economy and financial system for 2009-2010, approved by the Decree of the Government of the Republic of Kazakhstan No.1085 dated November 25, 2008 as well as by the number of other decrees of the Government of the Republic of Kazakhstan, the Company has raised KZT98.4 bn under the aforementioned loan agreement for purchasing and financing unfinished construction projects. unquote Full version of the press release is available (in Russian) at – https://kase.kz/files/emitters/SKCN/skcn_reliz_080420_1.pdf [2020-04-10]