Astana International Exchange (“AIX” or “the Exchange”) is pleased to announce the listing of Dim Sum Bonds by the Sovereign Wealth Fund “Samruk-Kazyna” JSC comprised of two tranches with maturities of 3 and 5 years, denominated in Chinese yuan with total issue size of 3 bn CNY. The bonds have been admitted to trading on AIX and Hong Kong Stock Exchange.
The transaction was arranged by Citigroup Global Markets Limited, Guotai Junan Securities Limited and Standard Chartered Bank as Joint Bookrunners with Teniz Capital Investment Banking JSC acting as a Lead Manager.
Key Terms of the Offering:
- 3-year bonds: CNY 2 bn with a coupon rate of 2.15% per annum;
- 5-year bonds: CNY 1 bn with a coupon rate of 2.30% per annum.
The offering represents another step in the development of the yuan-denominated debt market and provides investors with an opportunity to participate in a multi-tranche bond issuance across different maturities.