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Kazakhstan Sustainability Fund places no more 8½% bonds due 2025
By Marisa Wong
Los Angeles, April 28 – Kazakhstan Sustainability Fund sold no additional 8½% bonds due April 10, 2025 at its special trading session held on Friday, according to a Kazakhstan Stock Exchange notice.
The Almaty, Kazakhstan-based lender had planned to place a further KZT 5 billion of the bonds.
The issuer previously registered to issue up to KZT 50 billion of the 8½% bonds due 2025 and sold an initial KZT 5 billion on April 10.
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