/KASE, November 1, 2024/ – First Heartland Jusan Invest JSC (Astana, in the
heading – Jusan Invest JSC), as a joint underwriter, provided Kazakhstan Stock
Exchange (KASE) with the following notification:
quote
Jusan Invest announces successful placement of BI Development Ltd bonds in
the amount of $15 million and 15 billion tenge Almaty, Kazakhstan – November
1, 2024 – Jusan Invest is proud to announce the successful completion of two
issues of coupon bonds of BI Development Ltd (hereinafter – the "Company"). As
part of the bond program, BI Development Ltd placed 2-year bonds in the
amount of 15 billion tenge and 2-year bonds in the amount of $15 million.
Jusan Invest acted as a joint underwriter, ensuring high investor interest. The
collection of orders for purchase of the Company's bonds took place on October
31, 2024, through a subscription on Kazakhstan Stock Exchange (KASE).
Demand for dollar bonds exceeded supply by two times, and for tenge bonds –
by 26 %. As a result of the placement, the yield to maturity was 17.25 % for
tenge bonds and 7.5 % – for dollar bonds.
unquote
This information is posted on –
https://kase.kz/files/emitters/FHJI/fhji_relizs_011124_1.pdf
[2024-11-01]