Information/
Market and Company News
Development Bank of Kazakhstan says Fitch Ratings and S&P Global Ratings assigned ratings to the bank's bonds
/KASE, April 9, 2025/ –Development Bank of Kazakhstan JSC (KASE ticker – BRKZ) reported the following:
quote
Development Bank of Kazakhstan JSC... reports that on April 7, 2025, the Company issued Eurobonds in the amount of 500,000,000 US dollars with an interest rate of 5.625 % per annum with a maturity date in 2030, issued as Series 17 in accordance with the Program for the issue of medium-term bonds of the Development Bank of Kazakhstan in the amount of 5 000 000 000 US dollars, which were assigned the following ratings:
– Fitch: BBB
– S&P: BBB-.
unquote
This information is posted at – see more
[2025-04-09]