Kcell announces increase in credit limit in Subsidiary Bank Alfa-Bank JSC

20.05.21 17:45
/KASE, May 20, 2021/ – Kcell (Almaty), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following communique dated May 20, 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, notifies that an additional agreement has been concluded with AB "Bank of China Kazakhstan" JSC to increase the amount of the existing credit line from KZT 14 billion to KZT 21 billion with the interest rate of 10.7% per annum, for a period until 19 May 2026, with a loan availability period until 19 May 2025. unquote This information is available on: - https://kase.kz/files/emitters/KCEL/kcel_reliz_200521_1.pdf – in Russian; - https://kase.kz/files/emitters/KCEL/kcel_reliz_200521_eng_1.pdf – in English. [2021-05-20]