Kazakhstan's SAT & Co. announces first bond program of KZT 30 billion

By Marisa Wong

Madison, Wis., June 7 - SAT & Co. JSC informed the Kazakhstan Stock Exchange that its board of directors has approved the issue of KZT 30 billion of bonds.

This will be the company's first bond program. The first tranche to be issued under the program will total KZT 6 billion.

SAT & Co. is a metallurgical and mining company based in Almaty, Kazakhstan.

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