OREANDA-NEWS. On September 02, 2007 Kazkommertsbank JSC (Almaty) that is a listing company on Kazakhstan Stock Exchange (KASE), had provided KASE with a press release of following content, reported the press-centre of  KASE:

Kazkommertsbank (KKB) is please to inform that yesterday, it signed a new syndicated loan to finance trading contracts of KKB's clients for the sum of $600 m. The next Initial Organizers organized the deal:

- Bank of Tokyo-Mitsubishi UFJ, Ltd.

- Citibank, N.A.

- Mizuho Corporate Bank, Ltd.

The deal was launched on July 20 of 2007 with the initial sum of $400 m. The specified transaction was received very positively by market; that is why the sum of offerings significantly exceeded $600 m. As a result, on August 28, Kazkommertsbank and a syndicate of 31 banks signed an agreement for the sum of $600 m.

"The specified deal justified our boldest expectations and we are obliged to all the participants of the syndicate for the provided support and partnership. I would like to mark the work of loan's organizers whose professionalism and experience helped to successfully accomplish the deal", - the executive director of KKB, Mr. Timchenko informed.