Kazakhstan’s atomic company attracts over $180M

Business Materials 30 September 2019 15:28 (UTC +04:00)

Baku, Azerbaijan, September 30

By Nargiz Sadikhova - Trend:

Kazakhstan’s National Atomic Company Kazatomprom JSC has attracted 70 billion tenge (approximately $180.612 million) via placing a bonds on the Kazakhstan Stock Exchange (KASE), Trend reports with reference to KASE.

The company has announced the placement of indexed bonds KZ2C00006153 on September 27, 2019.

The nominal value per bond equaled 1,000 tenge, the issuance amounted to bonds worth 70 billion tenge, the annual coupon was 4 percent.

The volume of issuance was 70 million bonds. Halyk Finance acted as a seller. As a result the issuer has placed the entirety of the planned volume.

Kazatomprom is the world's largest producer of uranium, with the company’s attributable production representing approximately 23 percent of global primary uranium production in 2018.

The Group benefits from the largest reserve base in the industry and operates, through its subsidiaries, JVs and Associates, 26 deposits grouped into 13 mining assets. All of the Company’s operations are located in Kazakhstan and mined using ISR technology with a focus on maintaining industry-leading health, safety and environment standards.

(1 USD = 387.63 KZT on September 30)


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