E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/24/2019 in the Prospect News Emerging Markets Daily.

New Issue: East Kazakhstan places KZT 4 billion more 0.35% bonds due 2021

By Marisa Wong

Morgantown, W.Va., May 24 – The local executive body of the region of East Kazakhstan placed KZT 3,998,992,000 of additional 0.35% debt securities due 2021 at a special trading session held on Friday, according to a Kazakhstan Stock Exchange announcement.

The “clean” price for the bonds was par, corresponding to a yield of 0.35%.

The amount issued represents 100% of the issuer’s planned placement.

The issuer had registered to issue a total of KZT 5.5 billion of the bonds and sold an initial KZT 1,501,008,000 in April.

Issuer:East Kazakhstan Region
Issue:Debt securities
Amount:KZT 3,998,992,000
Maturity:April 3, 2021
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:May 24
Settlement date:May 24
Total issuance:KZT 5.5 billion, including KZT 1,501,008,000 issued on April 3

© 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.