Business
Repayment of Bonds
Repayment of Bonds.
About this update from Steppe Cement Ltd
[{"type":"text","content":"\n \nRNS Number : 8028W Steppe Cement Limited 17 November 2017 \n\n17 November 2017\n \nSteppe Cement Ltd\nRepayment of Bonds\n\nSteppe Cement Ltd (\"the Company\") is pleased to announce that on the 17 November 2017 it has completed the repayment of the bonds issued on 21 November of 2012 for a nominal price of 1.490 billion Kazakh Tenge (\"KZT\"). The repayment was completed out of the Company's cash flows.\n\nFollowing the repayment of the bonds, the Company has a net debt of USD 16 million of which approximately 70% is denominated in USD and the rest in KZT.\n \n \nSteppe Cement's AIM nominated adviser and broker is RFC Ambrian Limited.\n \nNominated Adviser contact: Stephen Allen or Andrew Thomson on +61 8 9480 2500.\n \nBroker contact: Charlie Cryer at +44 20 3440 6800.\n \n \n \n \n \n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCEDLBFDFFXFBK\n ","length":1755,"tagName":"div"}]