/KASE, October 20, 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 on 14 October 2020, an additional
agreement was concluded with AB “Bank of China Kazakhstan” JSC to reduce the
interest rate from 10.5% to 10.3% per annum.
As previously announced, on 25 July 2019, Kcell JSC and AB “Bank of China
Kazakhstan” JSC signed an Agreement for the provision of the revolving credit
line No. 192004 in the amount of KZT 9.5 billion, with the term of the credit
line being 36 months.
The guarantee for Kcell JSC to fulfill its obligations under this Agreement is
provided by Kazakhtelecom JSC.
unquote
Detailed information is available on KASE website at:
-
https://kase.kz/files/emitters/KCEL/kcel_reliz_191020_2.pdf– in Russian;
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https://kase.kz/files/emitters/KCEL/kcel_reliz_191020_eng_2.pdf – in English.
[2020-10-20]