Development Bank of Kazakhstan announces partial early redemption of international bonds XS0860582435, US25159XAB91 (BRKZe7)

18.05.22 11:02
/KASE, May 18, 2022/ – Development Bank of Kazakhstan JSC (Nur-Sultan), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following: quote In accordance with the decision of the Board of Directors of the Bank (...) on May 12 of the current year, the Bank carried out partial early redemption by repurchasing its own Series 6 Eurobonds (ISIN XS0860582435/US25159XAB91) (hereinafter – the bonds) in the amount of 3,500 pieces, for a total nominal amount of USD 700,000,000 at a price of 100.15 % of the face value of the bonds. The amount of interest paid by the bondholder at the early repayment made up USD12,191,666.61. unquote The full version of the press release is available – https://kase.kz/files/emitters/BRKZ/brkz_other_accidents_120522_2398.pdf [2022-05-18]