Kcell announces increase in amount of line of credit at Subsidiary Organization VTB Bank (Kazakhstan)

01.04.21 18:08
/KASE, April 1, 2021/ – Kcell (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following communique of April 1, 2021: 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, today notifies that an additional agreement has been concluded with Subsidiary JSC VTB Bank (Kazakhstan) to increase the amount of the existing credit line from KZT6 billion to KZT7 billion, with a credit line maturity on 15 October 2023 and an interest rate of 10.7% per annum. unquote This information is available on: - https://kase.kz/files/emitters/KCEL/kcel_reliz_010421_1.pdf – in Russian; - https://kase.kz/files/emitters/KCEL/kcel_reliz_010421_en.pdf – in English. [2021-04-01]