Steppe Cement repays bonds

Steppe Cement repays bonds
17 November 2017


Kazakh cement producer Steppe Cement has repaid bonds issued in November 2012, according to StockMarketWire. The bonds totalled KZT1.49bn (US$4.48m) and were paid out of the cash flow of the company.

The repayment of the bonds reduced the net debt of Steppe Cement to US$16m.

Published under Cement News