Development Bank of Kazakhstan announces partial early redemption of international bonds XS2472852610, US48129VAA44 (BRKZe13)
/KASE, November 4, 2024/ – Development Bank of Kazakhstan JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE about the following:
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In accordance with the decisions of the Board of Directors of the Bank (extract from minutes No. 345-2024-18 dated July 31, 2024), on October 30 of this year, the Bank carried out a partial early redemption of its own Eurobonds of series 12 (ISIN: XS2472852610, US48129VAA44, trading code on KASE – BRKZe13) (hereinafter – Eurobonds of series 12) for a total par value of USD10,600,000 at a price of 100% of the par value of Eurobonds of series 12.
Simultaneously with the redemption of the above-mentioned Eurobonds, the Bank paid their holders all accrued but unpaid interest for the period from May 12, 2024 to October 30, 2024:
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The repurchased Eurobonds of Series 12 in the total nominal amount of USD 10,600,000 were cancelled and redeemed on October 30, 2024.
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[2024-11-04]