/KASE, January 21, 2019/ – Kazkommerts Securities (subsidiary of Kazkommertsbank)
(Almaty, in the heading and hereinafter – Kazkommerts Securities), a member of
Kazakhstan Stock Exchange (KASE), has provided KASE with the following press
release of Eurasian Development Bank and Batys transit dated January 18, 2019:
quote
Eurasian Development Bank (EDB) has purchased bonds of Batys tranzit to a
total amount of KZT11.57 bn, as part of an offering on Kazakhstan Stock Exchange
of the first issuance of infrastructure bonds of Batys tranzit (ISIN KZ000A0T88N8,
ticker BTTRb1).
Kazkommerts Securities was the financial advisor and broker during said bond
purchase.
According to results of conducted deals, currently the structure of holders of
Batys transit bonds includes Eurasian Development Bank, as well as KEGOC – a
shareholder of the issuer.
Funds from the primary offering of bonds were directed to implementation of the
concessional project "Construction of the inter-regional power line North
Kazakhstan – Aktobe region". The project is implemented in the sector important
to Eurasian Development Bank – energy. It has significant socio-economic effects
for the development of the West region of the Republic of Kazakhstan on account
of cutting cost of electricity for the final consumer, stability of power supply,
modernization of facilities, as well as contributes to the region's social development.
unquote
The full press release is available on KASE website –
http://kase.kz/files/emitters/BTTR/bttr_reliz_180119.pdf
[2019-01-21]