OREANDA-NEWS. On January 17, 2007 Kazkommerts Invest JSC (Almaty), bonds of which are traded in Kazakhstan stock exchange's (KASE) category "A" official list, had provided KASE with the copy of decision of its sole shareholder - Zangar Finance Group JSC dated December 21, 2007 about enclosing of deal with Astana city Palace JSC, in which there is an interest, reported the press-centre of KASE.

According to the provided document the sole shareholder of Kazkommerts Invest JSC accepted the decision to provide credit to Astana City Palace JSC on next terms:

- limit of financing - KZT500,0 m.;

- type of financing - non-renewable credit line;

- objective of financing - replenishment of circulating assets (tax expenses, renting, wages);

- term of credit line - 36 months;

- period of availability of credit funds - 36 months;

- terms of tranches - in the frames of credit line term;

- interest rate - 12% APR;

- schedule of maturity of main debt - in the end of term;

- schedule of maturity of interest - every quarter, after expiration of bonus period of 18 months since moment of credit line opening;

- security - unsecured.