E-mail us: service@prospectnews.com Or call: 212 374 2800
Bank Loans - CLOs - Convertibles - Distressed Debt - Emerging Markets
Green Finance - High Yield - Investment Grade - Liability Management
Preferreds - Private Placements - Structured Products
 
Published on 5/30/2019 in the Prospect News Emerging Markets Daily.

New Issue: Nur-Sultan, Kazakhstan, places KZT 4 billion more 0.35% bonds due 2021

By Marisa Wong

Morgantown, W.Va., May 30 – The local executive body of Nur-Sultan, Kazakhstan, placed KZT 4 billion of additional 0.35% debt securities due 2021 at a special trading session held on Thursday, according to a Kazakhstan Stock Exchange announcement.

The “clean” price for the bonds was par, corresponding to a yield of 0.35%.

The amount issued represents 100% of the issuer’s planned placement. The issuer registered to issue KZT 10 billion of the bonds and placed an initial KZT 5.15 billion in February.

Issuer:Nur-Sultan, Kazakhstan (formerly Astana)
Issue:Debt securities
Amount:KZT 4 billion
Maturity:Feb. 20, 2021
Coupon:0.35%
Price:Par
Yield:0.35%
Trade date:May 30
Settlement date:May 30
Total issuance:KZT 9,148,907,000, including KZT 5,148,907,000 issued on Feb. 20

© 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.