/KASE, May 14, 2024/ – Development Bank of Kazakhstan JSC (Astana),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release dated May 14, 2024:
quote
Development Bank of Kazakhstan JSC (a subsidiary of Baiterek NMH JSC)
together with Nurbank JSC and Bank CenterCredit JSC signed a syndicated loan
agreement. The funds will be provided to the large beverage manufacturer RG
Brands Kazakhstan LLP to expand production capacity and increase product
exports to the Uzbekistan market. Note that this is the first syndicated loan
agreement of DBK in partnership with Kazakh second-tier banks. Bank
CenterCredit JSC became the first bank in Kazakhstan to issue a tranche within
the syndicate and assume the role of an agent bank representing the interests of
all creditors of the syndicate and providing credit administration services
under syndicated loans.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_140524_1.pdf
[2024-05-14]