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9 May 2025, 13:45
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09.04.2025 10:47 #Corporate events

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

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[2025-04-09]