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]