Kcell announces interest rate reduction under supplementary agreement with Halyk Bank of Kazakhstan

24.07.20 16:21
/KASE, July 24, 2020/ – Kcell (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE as follows: quote Kcell Joint Stock Company (“Kcell” or the “Company”) (LSE, KASE: KCEL; AIX: KCEL, KCEL.Y), the leading provider of mobile telecommunications services in Kazakhstan, informs its shareholders and investors that the Company has signed the supplementary agreement with Halyk Bank of Kazakhstan on the reduction of the interest rate from 11.5% to 11.2% per annum under the Loan Agreement No. KD 01-13-18-09 dated April 23, 2020. The interest rate was changed as of July 14, 2020. unquote This information is available at – https://kase.kz/files/emitters/KCEL/kcel_reliz_240720_1.pdf [2020-07-24]