By Marisa Wong
Los Angeles, April 13 – Kazakhstan Sustainability Fund placed KZT 5 billion of 8˝% five-year bonds at a special trading session held on Friday, according to a Kazakhstan Stock Exchange notice.
The bonds were sold at a “clean” price of 89.1179 to yield 11.48%.
The amount placed represents 100% of the company’s planned issuance.
The Almaty, Kazakhstan-based lender has registered to issue up to KZT 50 billion of the 8˝% five-year bonds.
Issuer: | Kazakhstan Sustainability Fund
|
Issue: | Bonds
|
Amount: | KZT 5 billion
|
Maturity: | Five years
|
Coupon: | 8˝%
|
Price: | 89.1179
|
Yield: | 11.48%
|
Trade date: | April 10
|
Settlement date: | April 10
|
© 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.