/KASE, February 6, 2020/ – "Baspana" Mortgage organization (Almaty),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release of "Kazakhstan's sustainability
fund" dated February 6, 2020:
quote
Joint-stock company "Kazakhstan's sustainability fund" (hereinafter – KSF), the
successor of joint-stock company "Baspana" Mortgage organization (hereinafter –
Baspana), announces that the consolidation of the two mentioned subsidiaries of
the National Bank of the Republic of Kazakhstan doesn't represent a risk for
holders of Baspana bonds on Kazakhstan's debt capital market.
KFS will, for purposes of funding on market terms the mortgage programs being
implemented, continue the offering of bonds (ticker KFUS) on KASE. The status
of the bond, terms of offering remain unchanged.
Absence of negative consequences for holders of Baspana bonds was confirmed
by a message from Fitch Ratings dated February 3, 2020.
unquote
This information is available on –
http://kase.kz/files/emitters/BASP/basp_reliz_060220_.pdf
[2020-02-06]