Development Bank of Kazakhstan says Fitch Ratings and S&P Global Ratings assigned ratings to the bank's bonds

09.04.25 10:47
/KASE, April 9, 2025/ –Development Bank of Kazakhstan JSC (KASE ticker – BRKZ) reported the following: quote Development Bank of Kazakhstan JSC... reports that on April 7, 2025, the Company issued Eurobonds in the amount of 500,000,000 US dollars with an interest rate of 5.625 % per annum with a maturity date in 2030, issued as Series 17 in accordance with the Program for the issue of medium-term bonds of the Development Bank of Kazakhstan in the amount of 5 000 000 000 US dollars, which were assigned the following ratings: – Fitch: BBB – S&P: BBB-. unquote This information is posted at – https://kase.kz/files/emitters/BRKZ/brkz_information_070425.pdf [2025-04-09]