AK Altynalmas placed debut bonds on KASE for $55.8 mln

31.12.24 11:49
/KASE, December 31, 2024/ – AK Altynalmas JSC (KASE ticker– ALMS) reported the following: quote On December 26, 2024, AK Altynalmas JSC successfully placed debut bonds KZ2C00012953 (ALMSb1) on Kazakhstan Stock Exchange (KASE) in the amount of USD 55.8 mln with a yield to maturity of 8.00 % per annum and a maturity of 3 years. The placement of bonds demonstrated the interest of institutional investors and individuals in financial instruments. Bonds totaling 50 mln US dollars were offered for placement, the demand was 112 % of the declared volume. The company decided to executed orders in the amount of 55.8 mln US dollars. The bonds were placed among institutional and retail investors as follows: - 28.7 % of the total volume was purchased by banks; - 7.5 % – by broker-dealer organizations; - 21.0 % – by other institutional investors; - 42.8 % – by individuals. The opening of secondary trading is scheduled for December 30, 2024. SkyBridge Invest JSC acted as the financial advisor for the issue. Joint underwriters are SkyBridge Invest JSC, Halyk Finance JSC and BCC Invest JSC. unquote This information is posted at – https://kase.kz/files/emitters/ALMS/alms_information_261224.pdf [2024-12-31]