Mortgage organization "Kazakhstan Mortgage Company" raises KZT22.5 bn loan
10.02.16 10:22
/KASE, February 10, 16/ – Mortgage organization "Kazakhstan Mortgage Company"
JSC (Almaty, hereinafter – the Company), whose securities are officially listed
on Kazakhstan Stock Exchange (KASE), in an official letter informed KASE of the
following:
quote
1. Date of the Company's supreme body's decision on the loan – Board of Directors
of Mortgage organization "Kazakhstan Mortgage Company" JSC, January 27, 2016;
2. Date of the Company's receipt of the loan – February 8, 2016;
3. Intended use of the loan – funding of construction of dwellings for further
leasing in accordance with terms of the Regional development program until
2020, approved by a resolution No. 728 of the Government of the Republic of
Kazakhstan of June 28, 2014;
4. Loan amount – KZT22.5 billion;
5. Percentage ratio of the loan to the Company's equity capital as of January 1,
2016 – 47.38 %.
unquote
[2016-02-10]