Development Bank of Kazakhstan announces partial early repurchase of international bonds XS2106835262 (BRKZe10) and XS2472852610, US48129VAA44 (BRKZe13)

23.04.24 12:32
/KASE, April 23, 2024/ – Development Bank of Kazakhstan JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote In accordance with the decisions of the Board of Directors of the Bank (extract from Minutes No. 333-2024-06 dated March 5, 2024 and Decision No. 336-2024- 09 dated April 3, 2024), on April 17 of this year the Bank carried out a partial early repurchase of: 1) own Eurobonds of series 9 (ISIN: XS2106835262, trade code on KASE – BRKZe10) (hereinafter – series 9 Eurobonds) for a total nominal amount of KZT20,573,500,000 at a price of 98% of the nominal value of series 9 Eurobonds; and 2) own Eurobonds of series 12 (ISIN: XS2472852610, US48129VAA44, trade code on KASE – BRKZe13) (hereinafter – series 12 Eurobonds) for a total nominal amount of USD163,154,000 at a price of 100% of the nominal value of series 12 Eurobonds. ... The redeemed Series 9 Eurobonds for a total nominal amount of KZT20,573,500,000 and the redeemed Series 12 Eurobonds for a total nominal amount of USD163,154,000 were canceled and redeemed on April 17, 2024. unquote Full information is available – https://kase.kz/files/emitters/BRKZ/brkz_other_accidents_170424_2049.pdf [2024-04-23]