Atameken-Agro Board of Directors takes decision to obtain loan
OREANDA-NEWS. Atameken-Agro JSC (Kokshetau), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has by an official letter informed KASE of the following:
"...Board of Directors of Atameken-Agro JSC took a decision to secure a loan to the amount making twenty five and more percent of the Company's equity.
- Date of taking the decision ... on the loan December 2, 2015;
- Date of receipt ... of the loan December 7, 2015;
- Purpose of the loan – replenishment of current assets;
- Amount of the received ... loan – KZT13,000,000 … US dollars in Tsesnabank
JSC with an interest rate of 11.5% APR, for five months".
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