Astana International Exchange (AIX or the Exchange) is pleased to announce that Kaspi.kz has successfully placed five-year Eurobonds totaling $650 million, which have been listed on AIX.
Kaspi.kz Eurobonds attracted strong interest from international investors, enabling the establishment of a competitive coupon rate of 6.25%.
Assel Mukazhanova, AIX CEO, said:
“The placement of Kaspi.kz Eurobonds on AIX reflects the dynamic growth of Kazakhstan’s capital market and increasing investor interest in promising corporate issuers. We are pleased to support the development of Kazakhstan’s capital market and provide issuers with efficient mechanisms to raise financing under international standards.”