By Marisa Wong
Morgantown, W.Va., Oct. 18 – SB JSC Home Credit and Finance Bank sold KZT 5 billion of 12½% two-year bonds at a special trading session held on Tuesday, according to a Kazakhstan Stock Exchange announcement.
The bonds were sold at a “clean” price of 99.1436 to yield 13%.
The amount issued represents 100% of the issuer’s planned placement.
The bank is based in Almaty, Kazakhstan.
| Issuer: | SB JSC Home Credit and Finance Bank
|
| Issue: | Bonds
|
| Amount: | KZT 5 billion
|
| Maturity: | Two years
|
| Coupon: | 12½%
|
| Price: | 99.1436
|
| Yield: | 13%
|
| Trade date: | Oct. 17
|
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