# news

“Kedentransservice” JSC has completed all liabilities on loans raised upon bonds in sum of more than 11 million dollars


JSC «Kedentransservice» 100% fulfilled its obligations under the bond loan in the amount of 1 billion 676 million 860 thousand tenge (11 million 352 thousand dollars). The maturity date of the bond is April 5, 2012.

Recall that the Company placed 5 million bonds with a nominal value of 1 thousand tenge per paper on April 3, 2007. For the entire period of validity of the bond loan, the maximum number of bonds placed on the exchange did not exceed 1 million 694 thousand 320 pieces. In this regard, on September 17, 2009, the Company’s Board of Directors decided to reduce the number of bonds to the above-mentioned level.

The repayment date was set for April 7, 2012. As of 00:00 Kazakhstan time on April 7, 2012, «Kedentransservice» had no obligations to the holders.