Kazakhstan Mortgage buys back remaining 6% bonds due 2018 at 226.4863

By Marisa Wong

Morgantown, W.Va., Nov. 30 – Kazakhstan Mortgage Co. repurchased the remainder of its outstanding 6% bonds due 2018 on Nov. 29, according to a Kazakhstan Stock Exchange notice.

The company purchased the KZT 5,144,211,270 of outstanding bonds at a “dirty” price of 226.4863, or KZT 11,650,933,770.

The company had registered to issue up to KZT 30 billion of the five-year bonds in 2013. The company has since made partial buybacks of the bonds, most recently in October 2015, as previously reported.

The lender is based in Almaty, Kazakhstan.

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