"Green" bonds KZ2P00010317 (BKBTb1) of Black Biotechnology passed listing procedure on KASE in "bonds" category of alternative market

13.11.23 14:46
/KASE, November 13, 2023/ – On November 13, 2023, the Listing commission of Kazakhstan Stock Exchange (KASE) decided to include "green" bonds KZ2P00010317 (KZT1,000, KZT2.0 bn; 3 years; semi-annual coupon, 21.50 % per annum; 30/360) of Black Biotechnology LLP (Almaty) in the "bonds" category of KASE official list's alternative market. The effective date of this decision of the Listing Commission will be announced additionally. The opening of trading in these bonds on KASE will also be announced additionally. These bonds are an issue of green bonds in order for "Damu" Entrepreneurship development fund JSC to subsidize the coupon rate on bonds issued by business entities within the framework of the national project for the development of entrepreneurship for 2021–2025. The subsidized part of the coupon rate is 15.50 % per annum, unsubsidized part – 6.00 % per annum. The issue of these bonds is the first under the first bond program of Black Biotechnology LLP , registered by the Agency of the Republic of Kazakhstan for Regulation and Development of the Financial Market on October 24, 2023 in the amount of 10.0 billion tenge. The financial advisors of Black Biotechnology LLP are Freedom Finance JSC (Almaty) and Subsidiary of Halyk Bank of Kazakhstan "Halyk Finance" JSC. The indicated bonds have been assigned an abbreviation (ticker) BKBTb1. The main activity of Black Biotechnology LLP is the production of ready-made feed for farm animals. More detailed information about the issue of these bonds will be published on KASE website after this decision of the Listing Commission comes into effect. [2023-11-13]