A Subsidiary Of BI Group Has Successfully Placed KZT 6.3bn Bond On AIX Date
23/07/2021
Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that “Megastroy Ltd” LLP (“Megastroy”), a subsidiary of one of the largest developers in Kazakhstan, BI Group, placed the first Tranche under the 20 bn KZT Bond Programme in the amount of KZT6.3 bn. The Bond is due in 2022 and bears a 15.5% p.a. coupon. Jusan Invest JSC acted as a sole lead manager of the placement.
This is the second placement of the 12-month bonds by Megastroy on AIX following their debut offering in March 2021. Both offerings were oversubscribed indicating high interest among retail and institutional investors.
Kazakhstan
Astana
Gorod-astana
Kazakhstani
Renat-bekturov
Almas-lepesbayev
Maxim-kabanov
Bond-programme
Sbi-group
Megastroy-ltd
Astana-international-exchange
Deputy-chairman