By Marisa Wong
Los Angeles, June 5 – The local executive body of the region of West Kazakhstan placed KZT 2,724,594,000 of additional 0.35% debt securities due 2022 at a special trading session held on May 27, according to a Kazakhstan Stock Exchange announcement.
The amount placed represents 100% of the issuer’s planned placement.
The issuer previously registered a total of KZT 7 billion of the bonds and sold the initial KZT 4,275,406,000 on March 17.
Proceeds will be used for financing housing construction as part of implementation of state and government programs.
| Issuer: | West Kazakhstan Region
|
| Issue: | Debt securities
|
| Amount: | KZT 2,724,594,000
|
| Maturity: | March 17, 2022
|
| Coupon: | 0.35%
|
| Trade date: | May 27
|
| Settlement date: | May 27
|
| Total issuance: | KZT 7 billion
|
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