By Marisa Wong
Madison, Wis., June 14 - JSC Eurasian Bank said it sold KZT 10.11 million of 8% bonds due 2019 on the Kazakhstan Stock Exchange on Friday.
The issuer priced the bonds at 95.1347 to yield 9%. Proceeds totaled KZT 9.89 million.
The bank had intended to offer KZT 4 billion of the bonds, or 40% of the KZT 10 billion of authorized fourth issue bonds under its KZT 100 billion bond program.
Eurasian Capital acted as seller at the trading session.
The bank is based in Almaty, Kazakhstan.
| Issuer: | JSC Eurasian Bank
|
| Issue: | Bonds
|
| Amount: | KZT 10,110,000
|
| Proceeds: | KZT 9,886,803
|
| Maturity: | Dec. 25, 2019
|
| Coupon: | 8%
|
| Price: | 95.1347
|
| Yield: | 9%
|
| Seller: | Eurasian Capital
|
| Settlement date: | June 14
|
© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere.
For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.
