- The US$20.0 million loan agreement with Tascombank JSC and Universal Bank PJSC has witnessed an interest rate reduction from 13.00 per cent to 11.25 per cent per annum. All other terms remain as announced on 14 June 2019 for the loan which is repayable on 30 July 2023.
- The interest rate of the US$12.0 million loan agreement with Tascombank JSC has been reduced to 10.75 per cent from 12.00 per cent per annum, all other terms remain as announced on 28 June 2019 for the loan which is repayable on 27 June 2024.
- On 30th December 2019, at the time of writing, GMT 08:05 AM, ARO shares were trading at USD 0.45, unchanged against the previous day closing price.
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.