Main Waterline LLP refinanced a loan raised for modernization of the Astrakhan-Mangyshlak main water pipeline.

04.07.24 10:41
/KASE, 04.07.24/ – Main Waterline LLP (Atyrau), with its bonds officially listed on Kazakhstan Stock Exchange (KASE), provided KASE with a press release reading as follows: start of quote To refinance the loan of Halyk Bank of Kazakhstan JSC, attracted as part of the investment project ’’Reconstruction and expansion of the main water pipeline "Astrakhan -Mangyshlak" 1st stage", Main Waterline LLP received a loan from the Eurasian development bank in the amount of 21 billion tenge for a period of 108 months. The interest rate on the loan is floating, the base rate of the National Bank of the Republic of Kazakhstan minus 2% per annum. On July 1, 2024, Main Waterline LLP disbursed the loan from the Eurasian Development Bank in full, making partial early repayment of the principal debt on the loan from Halyk Bank of Kazakhstan JSC in the amount of 21 billion tenge. end of quote Full text of the press release in the Kazakh, Russian and English languages is posted at https://kase.kz/files/emitters/MVDO/mvdo_relizs_030724_3.pdf [2024-07-04]