25.09.2015, 10:40
Development Bank of Kazakhstan announces change in conditions of loan received from National Managing Holding Baiterek for KZT135.0 bn
OREANDA-NEWS. Development Bank of Kazakhstan JSC (Astana, hereinafter – the Bank), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:
"...On September 18, 2015 the Board of Directors took the following decision:
- Amendments to the previously approved conditions of the Bank's loan received from National Managing Holding Baiterek JSC in the amount of ...KZT135,000,000,000, making ten or more percent of its own capital ... (hereinafter – the Loan). The changes relate to the allocation and target use of borrowed funds.
By the same decision the loan obligations were increased by KZT15 bn."
"...On September 18, 2015 the Board of Directors took the following decision:
- Amendments to the previously approved conditions of the Bank's loan received from National Managing Holding Baiterek JSC in the amount of ...KZT135,000,000,000, making ten or more percent of its own capital ... (hereinafter – the Loan). The changes relate to the allocation and target use of borrowed funds.
By the same decision the loan obligations were increased by KZT15 bn."
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