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Published on 3/30/2020 in the Prospect News Emerging Markets Daily and Prospect News Liability Management Daily.

Kazakhstan’s Freedom Finance buys back KZT 820.43 million of bonds

By Marisa Wong

Los Angeles, March 30 – Freedom Finance repurchased KZT 357,844,000 of its 8% bonds due June 28, 2020 on March 30, according to a Kazakhstan Stock Exchange notice.

The bonds were repurchased at a price of KZT 913 per KZT 1,000 principal amount.

The company said it also repurchased on Monday KZT 462,589,000 of its 8% bonds due May 29, 2021 at KZT 870 per KZT 1,000 principal amount.

The brokerage company is based in Almaty, Kazakhstan.


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