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Prospect News home > News index > List of issuers K > Headlines for KazInvestBank > News item
Published on 9/16/2016 in the Prospect News Emerging Markets Daily.

Kazinvestbank to offer KZT 7.5 billion 15% 15-year convertible bonds

By Marisa Wong

Morgantown, W.Va., Sept. 16 – Kazinvestbank plans to offer KZT 7.5 billion of 15-year convertible bonds, according to a Kazakhstan Stock Exchange notice.

The company plans to price 75 million bonds, each with a face amount of KZT 100, with a coupon of 15%.

The investment bank is based in Almaty, Kazakhstan.


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