Kcell receives KZT22 bn tranche under bank loan from Halyk Savings Bank of Kazakhstan
17.04.15 15:04
/KASE, April 17, 15/ – Kcell JSC (Almaty), whose shares are officially listed on
Kazakhstan Stock Exchange (KASE), has provided KASE with the following
press-release of April 16, 2015:
quote
Kcell Joint Stock Company ("Kcell" or the "Company") (LSE, KASE: KCEL), the
leading provider of mobile telecommunications services in Kazakhstan by
market share in terms of revenue and subscribers, announces that it has
completed the drawdown of a KZT 22 billion tranche of the approved credit line
with Halyk Bank of Kazakhstan JSC. This tranche was obtained under the bank
loan agreement signed between Kcell JSC and Halyk Bank of Kazakhstan JSC
for KZT 30 billion for working capital financing. The tranche/total equity ratio
stands at 21%.
For enquiries:
Kcell
Investor Relations
Irina Shol, tel. +7 727 2582755, ext. 1205
Investor_relations@kcell.kz
Media
Nataliya Yeskova
tel. +7 727 2582755, ext. 1902
Pressa@kcell.kz
International Media
College Hill
Tel: +44 207 457 2020
Leonid Fink, Galyna Kulachek, Kay Larsen
unquote
[2015-04-17]