OREANDA-NEWS. On December 26, 2007 Kazkommertsbank JSC (Astana), being the listing company of Kazakhstan stock exchange (KASE), had provided KASE with the press-release of next contention, reported the press-centre of KASE:

Kazkommetrsbank made the payment of first part of syndicated credit for a total of $1 bn. - "A" tranche for amount of $700 m.

Given credit was organized in December 2006 and consisted from 2 tranches: A tranche for amount of $700 m. and 370 days' term and B tranche for amount of $300 m. and 3 years' term. The organizers were The Bank of Tokyo-Mitsubishi UFJ, Ltd, ING Bank N. V., Standard Chartered Bank and UniCreditGroup. Borrowed funds were directed on financing of export-import operations of bank's clients.