Industrial Development Fund announced placement on KASE on November 12 of bonds KZ2C00008217 (IDFRb4) in the amount of KZT50.0 bn.

/KASE, November 15, 2021/ – Industrial Development Fund (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following communique: quote On November 12, 2021, on Kazakhstan Stock Exchange JSC, a special trading session was held on the offering of the 3rd issue of bonds of the Industrial Development Fund JSC. The issue of bonds of Industrial Development Fund JSC was placed in the amount of KZT50 bn with a maturity of 7 years. Halyk Finance acted as a financial advisor and underwriter for the issue and placement of bonds of Industrial Development Fund JSC. As a result of the special trading session held, the bonds of the Industrial Development Fund JSC were placed in the amount of 50 billion tenge in full, redeemed by second-tier banks, brokerage and insurance companies, at a rate of return of 12.4 % per annum. We note that the funds raised will be used to finance leasing projects in the manufacturing industry and infrastructure. Additionally, we inform you that in November 2020 and in March 2021, the Industrial Development Fund JSC placed 2 bond issues with a nominal volume of 50 billion tenge each and for a period of 10 years. The funds were used to finance leasing projects. unquote [2021-11-15]