By Marisa Wong
Morgantown, W.Va., Oct. 19 – Kazakhstan’s JSC Eurasian Development Bank sold KZT 150 billion of 4% 15-year subordinated bonds at a special trading session held on Wednesday, according to a Kazakhstan Stock Exchange announcement.
The bonds were sold at a “clean” price of par to yield 4%.
The amount of orders accepted represents 100% of the issuer’s planned placement.
The bank is based in Almaty, Kazakhstan.
| Issuer: | JSC Eurasian Development Bank
|
| Issue: | Subordinated bonds
|
| Amount: | KZT 150 billion
|
| Maturity: | Oct. 18, 2032
|
| Coupon: | 4%
|
| Price: | Par
|
| Yield: | 4%
|
| Settlement date: | Oct. 18
|
© 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.
