RTS «Decaux» JSC announces full early of outstanding loan from the European Bank for Reconstruction and Development under the loan agreements signed in 2009 and 2010 for a total amount of USD 19 million. The outstanding loan was fully prepaid on June 22, 2020.
The EBRD’s credit facility was used to develop street furniture infrastructure in Nur-Sultan and Almaty. These investments allowed to create additional infrastructure, aesthetic look and functionality of cities.
The early prepayment of the foreign currency loan, at the time of ongoing negative consequences of the national currency devaluation, confirms the stable financial position of RTS «Decaux» JSC.
The company's future plans include the installation of new digital advertising constructions. This will give an additional advantage in the market of outdoor advertising and digital marketing.
The EBRD’s credit facility was used to develop street furniture infrastructure in Nur-Sultan and Almaty. These investments allowed to create additional infrastructure, aesthetic look and functionality of cities.
The early prepayment of the foreign currency loan, at the time of ongoing negative consequences of the national currency devaluation, confirms the stable financial position of RTS «Decaux» JSC.
The company's future plans include the installation of new digital advertising constructions. This will give an additional advantage in the market of outdoor advertising and digital marketing.