/KASE, May 10, 2024/ – Development Bank of Kazakhstan JSC (Astana),
whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has
informed KASE about the following:
quote
In accordance with the decisions of the Board of Directors of the Bank (extract
from minutes No. 333-2024-06 dated March 5, 2024 and Decision No. 336-2024-
09 dated April 3, 2024), on May 2 of this year the Bank carried out a partial
early repurchase of its own 12th Series Eurobonds (ISIN: XS2472852610,
US48129VAA44, trade code on KASE – BRKZe13) (hereinafter referred to as the
12th Series Eurobonds) for a total nominal amount of 1,100,000 US dollars at a
price of 97 % of the face value of the 12th Series Eurobonds.
Simultaneously with the redemption of the indicated 12th Series Eurobonds, the
Bank paid their holders all accrued but unpaid interest:
...
The redeemed 12th Series Eurobonds for a total face value of 1,100,000 US
dollars (in the amount of 5.5 pieces per bond with a face value of 200,000 US
dollars) were canceled and repaid on May 2, 2024. The 12th Series Eurobonds in
the amount of principal of 335,746,000 US dollars (in the amount of 1,678.73
pieces per bond with a nominal value of 200,000 US dollars) were not redeemed
and continue to be in circulation.
The Bank hereby also informs that the Bank has not carried out additional
repurchase of its own 9th Series Eurobonds (ISIN: XS2106835262, trading code
on KASE – BRKZe10) (hereinafter referred to as the 9th series Eurobonds),
since the holders of these Eurobonds did not offer them to the Bank for
repurchase. Thus, the 9th Series Eurobonds for the principal amount of
41,926,500,000 tenge (in the amount of 838.53 pieces per 1 bond with a face
value of 50,000,000 tenge) were not redeemed and continue to be in circulation.
unquote
This information is posted on –
https://kase.kz/files/emitters/BRKZ/brkz_other_accidents_020524_2309.pdf
[2024-05-10]