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16:44
17.08.2017
KEGOC early repays part of EBRD loan
News source: KASE
/KASE, August 17, 2017/ – KEGOC (Astana), whose securities are officially listed 
on Kazakhstan Stock Exchange (KASE), has informed KASE of the following:

quote

On 7 August 2017, to reduce the debt burden, KEGOC early repaid EUR 23.8 
million of two semi-annual payments for 2018 for EUR 228.41 million loan 
extended by the European Bank for Reconstruction and Development for the 
implementation of Kazakhstan Electricity Transmission Rehabilitation Project, 
phase 2.

The Project's goal is to ensure the reliable and safe operation of the National 
Power Grid, increase the efficiency of the electricity market operation, improve
the reliability and quality of power supply to consumers, enhance the technical 
and environmental safety of high-voltage equipment, reduce operational costs 
for equipment maintenance and repair.

The balance of the primary debt as on 10 August is EUR 87 million.

unquote

[2017-08-17]


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