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Published on 3/14/2019 in the Prospect News Emerging Markets Daily.

New Issue: Kazakhstan’s ATFBank places KZT 60 billion 10.95% seven-year bonds

By Marisa Wong

Morgantown, W.Va., March 14 – ATFBank placed KZT 60 billion of 10.95% seven-year bonds on Thursday, according to a Kazakhstan Stock Exchange announcement.

Pricing details were not disclosed.

The bank had previously registered to issue KZT 60 billion of the bonds and planned to place all KZT 60 billion at Thursday’s trading session.

The bank is based in Almaty, Kazakhstan.

Issuer:ATFBank
Issue:Bonds
Amount:KZT 60 billion
Maturity:Seven years
Coupon:10.95%
Trade date:March 14

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