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Logic's shareholders decided to refinance the company's debt and retain all profits
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Published

04/16/2026, 14:49

Logic's shareholders decided to refinance the company's debt and retain all profits

Logic plans to raise up to $2.5 million. A significant portion of these funds will be used to refinance existing liabilities. This decision was made at the annual shareholders’ meeting on April 13.

The company is considering opening and extending credit lines with several banks, including Demir Bank, KICB, Optima Bank, and Bakay Bank. The terms of the loans—maturity dates, interest rates, and collateral—will be determined by management.

Refinancing will allow the company to renegotiate the terms of its existing debts, optimize their servicing, and reduce the financial burden on the company.

Despite existing debt obligations, shareholders approved a dividend payment of 100% of net profit for 2025—3.6 million KGS, or 3,586 KGS per share.

Dividends will be paid in cash at the company’s cashier’s office or via bank transfer, in accordance with shareholders’ requests. Payments began on April 14, and shareholders of record as of March 16 of this year are eligible to receive them.


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