Source - SMW
Kcell Joint Stock Co said it  undertook a bond placement  on the Kazakhstan Stock Exchange yesterday in which bonds to the value of KZT4.95bn were placed with investors at a yield of 11.5%.

It said this was the first placement in the programme announced on 14 Dec aimed at expanding and diversifying the company's funding sources, increasing the average term of its financial liabilities and decreasing its funding costs.