By Marisa Wong
Madison, Wis., May 12 - ATFBank placed KZT 30 million of 8½% bonds due 2019 on Monday, according to a Kazakhstan Stock Exchange announcement.
The net price was 96.2208, for proceeds of KZT 29.5 million, to yield 9½%.
ATF Bank registered to issue KZT 20 billion of the bonds in February and had planned to place KZT 30 million at Monday's trading session.
Halyk Finance acted as seller.
The bank is based in Almaty, Kazakhstan.
| Issuer: | ATFBank
|
| Issue: | Bonds
|
| Amount: | KZT 30 million
|
| Proceeds: | KZT 29,496,657
|
| Maturity: | Feb. 13, 2019
|
| Coupon: | 8½%
|
| Net price: | 96.2208
|
| Yield: | 9½%
|
| Seller: | Halyk Finance
|
| Trade date: | May 12
|
© 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.
