By Sarah Lizee
Olympia, Wash., June 28 – JSC National Management Holding Baiterek sold KZT 40 billion of 9½% 10-year bonds at a special trading session held on Friday, according to a Kazakhstan Stock Exchange notice.
The “clean” price for the bonds was par, corresponding to a yield of 9½%.
The amount priced represents 100% of the issuer’s planned placement.
The Nursultan-based financial company promotes economic development in Kazakhstan.
| Issuer: | JSC National Management Holding Baiterek
|
| Issue: | Bonds
|
| Amount: | KZT 40 billion
|
| Maturity: | June 28, 2029
|
| Coupon: | 9½%
|
| Price: | Par
|
| Yield: | 9½%
|
| Trade date: | June 28
|
| Settlement date: | June 28
|
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