Baiterek holding placed bonds at KASE in the amount of 50 billion tenge

Baiterek holding placed bonds at KASE in the amount of 50 billion tenge

National managing holding Baiterek JSC announces the placement of bonds of 50 billion tenge with a 10-year maturity and an interest rate of 11.3% per annum on the site of Kazakhstan stock exchange JSC.

The holding's bonds were offered to a wide range of investors, and demand for specialized trades was 127%. The funds raised were used for leasing financing through the industrial development Fund JSC.

This issue is the first issue within the eighth bond program of Baiterek holding. By the end of this year, it is planned to implement two additional bond issues with a total volume of 100 billion tenge.

Halyk Finance JSC acted as the financial adviser for this transaction, and Halyk Finance JSC and SkyBridge Invest JSC acted as the transaction brokers.

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