/KASE, May 5, 2023/ – Subsidiary organization of Halyk Bank of Kazakhstan
Halyk Finance JSC (Almaty, in the heading – Halyk Finance) has provided
Kazakhstan Stock Exchange (KASE) with the following press release:
quote
On May 16, 2023, from 10:00 to 12:00 o'clock, Almaty time, a special trading
session will be held on the offering of coupon bonds of Microfinance Organization
"KMF" LLP (hereinafter – MFO "KMF") on Kazakhstan Stock Exchange (hereinafter –
KASE). Halyk Finance JSC acts as the underwriter.
The volume of the bond issue will be 10 billion tenge, the face value of one
bond will be 1,000 tenge. The maturity of the bonds is 12 months. The coupon
will be paid at the end of the circulation period, the coupon rate will be
determined based on the results of the first auction held. Issuer rating – B+
from Fitch Ratings, outlook "Stable".
The yield on bonds of MFO "KMF" at the offering is expected to be 20 % per
annum. Given the high quality of the issuer and the attractive yield, this
offering represents an excellent investment opportunity for institutional and
retail investors interested in investing in tenge-denominated fixed income
instruments.
unquote
The complete press release is available at:
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https://kase.kz/files/emitters/HFIN/hfin_relizs_050523_kz.pdf – in Kazakh;
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https://kase.kz/files/emitters/HFIN/hfin_relizs_050523.pdf – in Russian.
[2023-05-05]