Kazakhstan Kagazy PLC and Alliance Bank JSC (Alliance) have agreed terms upon which the outstanding loan indebtedness of Kazakhstan Kagazy’s group of companies to Alliance (including interest and penalties) will be fully and finally settled.

Waste paper

Kazakhstan Kagazy and Alliance Bank announce settlement

Sep 25, 2014. /Lesprom Network/. Kazakhstan Kagazy PLC and Alliance Bank JSC (Alliance) have agreed terms upon which the outstanding loan indebtedness of Kazakhstan Kagazy’s group of companies to Alliance (including interest and penalties) will be fully and finally settled, as the company said in the press release received by Lesprom Network.

Kazakhstan Kagazy JSC is the biggest manufacturer of paper, cardboard and corrugated packaging in Kazakhstan and Central Asia.