Bonds KZ2P00011810 (TERRb1) of Terra passed listing procedure on KASE in "bonds" category of alternative market

/KASE, August 16, 2024/ – On August 16, 2024 the Listing commission of Kazakhstan Stock Exchange (KASE) decided to include bonds KZ2P00011810 (KZT1,000, KZT495.0 mln; 5 years; semi-annual coupon, 19.75 % APR; 30/360) of Terra LLP (Qostanay region) in the "bonds" category of KASE official list's alternative market. The effective date of this decision of the Listing commission and the opening of trading in these bonds on KASE will be announced later. The specified bonds are an issue of bonds under the program of "Damu" Entrepreneurship development fund for subsidizing coupon interest rates on bonds issued by business entities. The subsidized part of the coupon interest rate is 13.75 % per annum, the non-subsidized part is 6.00 % per annum. The financial consultant of Terra LLP is Teniz Capital Investment Banking JSC. The indicated bonds have been assigned the abbreviation (ticker) TERRb1. The main activity of Terra LLP is breeding other cattle and buffalo. More detailed information about this bond issue will be published on KASE's Internet resource after this decision of the Listing commission comes into effect. [2024-08-16]