Development Bank of Kazakhstan announces partial payment of coupon interest, partial cancellation and redemption of international bonds XS2472852610, US48129VAA44 (BRKZe13)

15.04.25 10:21
/KASE, April 15, 2025/ – Development Bank of Kazakhstan JSC (KASE ticker – BRKZ) reported the following: quote Development Bank of Kazakhstan JSC (hereinafter – the Company) hereby provides information: (1) on the partial payment of coupon interest on the Company's debt securities and (2) on the partial cancellation and redemption of the Company's debt securities as set out in more detail below. In accordance with the Company's Tender Offer dated March 25, 2025 for the purchase by the Company of all of its Eurobonds bearing interest at 5.75% per annum and maturing in 2025 (ISIN: XS2472852610, US48129VAA44, KASE trading code – BRKZe13) (the "Bonds"), on April 9, 2025 (i.e., the Early Settlement Date as defined in the Tender Offer), the Company carried out a partial early repurchase of the Bonds in the total nominal amount of USD 14,400,000 at a price of 100% of the face value of the repurchased Bonds. Following the Early Settlement Date, the remaining outstanding aggregate nominal amount of the Bonds is USD 310,746,000. unquote This information is posted at – https://kase.kz/files/emitters/BRKZ/brkz_information_090425.pdf [2025-04-15]