/KASE, June 9, 2025/ – Eurasian Capital JSC (KASE ticker – EUCP) has
reported the following:
quote
Eurasian Capital JSC acted as one of the underwriters of the successful
placement of secured dollar bonds of Kazakhstan Electrolysis Plant JSC. The
bonds are secured by an unconditional and irrevocable guarantee of
Development Bank of Kazakhstan JSC. This is the first financial instrument on
Kazakhstan's securities market for which DBK has provided such a guarantee. In
accordance with the terms of the guarantee, DBK undertakes to fully repay the
debt in the event of the issuer's default.
The trading took place on May 30, 2025, on of Kazakhstan Stock Exchange JSC
(KASE).
The volume of executed orders amounted to 50,983,000 US dollars with the
declared volume of 50 million and a coupon rate of 6.5% per annum. The term of
the bonds is 3 years.
unquote
This information is posted at –
https://kase.kz/files/emitters/EUCP/eucp_relizs_040625_1.pdf
[2025-06-09]