Birinshi Lombard raised KZT400.0 mln on KASE via subscription by placing bonds KZ2P00009277 (MFBLb1) with yield to maturity of 24.00 % APR

/KASE, May 2, 2023/ – An initial offering of bonds KZ2P00009277 (KASE alternative market, category "bonds", MFBLb1; KZT1,000, KZT1.0 bn; 14.04.23 – 14.04.25; quarterly coupon, 24.00 % APR; 30/360) of Birinshi Lombard LLP (Almaty) was conducted in the trading system of Kazakhstan Stock Exchange (KASE, or the Exchange) today by way of subscription to them. BCC Invest JSC (Subsidiary of Bank CenterCredit JSC) (Almaty) (hereinafter – the Seller) acted as the seller during the subscription to the said bonds. Bonds with a nominal volume of 400,000,000 tenge were offered for placement. During the subscription, only limit orders were accepted. Orders for the subscription were collected on May 2, 2023 from 10:00 to 12:00 o'clock, Astana time. Three members of KASE took part in the trades. A total of three limit orders were submitted to the trading system in the amount of KZT410.8 mln (with a nominal volume of KZT406.1 mln), which were recognized as active at the end of the order collection. The clean price in the submitted active orders varied in the range of 99.9722–100.7500 % of the face value (23.4900–24.0000 % APR), the weighted average clean price was 99.9773 % of the face value (23.9966 % APR). Demand made up to 101.5 % of supply. The entire volume of active orders fell on the share of individuals. Based on the placement results, one active order was executed. A total of 395,365 bonds were offered for a total of KZT399,999,468.5. The clean price in the executed order was 99.9722 % of the face value (24.0000 % per annum). According to the data of the Central Securities Depository JSC (Almaty), the deal based on the results of subscription for the indicated bonds by the moment of publication of this information has been settled, the subscription has been completed. [2023-05-02]