By Marisa Wong
Los Angeles, July 17 – Housing Construction Savings Bank of Kazakhstan sold KZT 20 billion of 10.27% seven-year bonds at a special trading session held on Wednesday, according to a Kazakhstan Stock Exchange notice.
Pricing details were not disclosed.
The amount placed represents 100% of the company’s planned issuance.
The Almaty, Kazakhstan-based bank has registered to issue up to KZT 40 billion of the bonds.
| Issuer: | Housing Construction Savings Bank of Kazakhstan
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| Issue: | Bonds
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| Amount: | KZT 20 billion
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| Maturity: | July 17, 2026
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| Coupon: | 10.27%
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| Trade date: | July 17
|
| Settlement date: | July 17
|
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