QazaqGaz and Development Bank of Kazakhstan Eurobonds Listed on Astana International Exchange
Astana International Exchange is pleased to announce the listing of Eurobonds issued by JSC “National Company “QazaqGaz”.
The issuance is denominated in US dollars with a size of USD 700 million, a tenor of ten years, and a fixed coupon of 5,625% p.a., payable on a semi-annual basis.
The transaction was arranged by Citi and J.P. Morgan acting as Joint Global Coordinators, Halyk Finance as Local Lead Manager, alongside Freedom Broker as Local Co-Manager.
Assel Mukazhanova, AIX CEO, said:
“QazaqGaz listing on AIX represents a significant step for both the company and the broader market. As a new issuer, QazaqGaz is expanding its funding toolkit and strengthening its presence among international investors. At the same time, this transaction contributes to the development of a more diversified and resilient capital markets ecosystem in Kazakhstan.”
The listing further strengthens AIX’s position as a regional hub for debt capital markets and reflects ongoing efforts to enhance access to global investors.
The issuance is denominated in US dollars with a size of USD 700 million, a tenor of ten years, and a fixed coupon of 5,625% p.a., payable on a semi-annual basis.
The transaction was arranged by Citi and J.P. Morgan acting as Joint Global Coordinators, Halyk Finance as Local Lead Manager, alongside Freedom Broker as Local Co-Manager.
Assel Mukazhanova, AIX CEO, said:
“QazaqGaz listing on AIX represents a significant step for both the company and the broader market. As a new issuer, QazaqGaz is expanding its funding toolkit and strengthening its presence among international investors. At the same time, this transaction contributes to the development of a more diversified and resilient capital markets ecosystem in Kazakhstan.”
The listing further strengthens AIX’s position as a regional hub for debt capital markets and reflects ongoing efforts to enhance access to global investors.
AIX also announces the listing of a new tranche of Senior Unsecured Notes issued by Development Bank of Kazakhstan (“DBK”) under its Medium-Term Note Programme of up to USD 5 billion.
The notes are denominated in Kazakhstani tenge (KZT), have a tenor of three years, and an aggregate issuance amount of KZT 230 billion. The issuance carries a fixed coupon of 16.950%, payable on a semi-annual basis.
Assel Mukazhanova, AIX CEO, said:
“This transaction further strengthens the pipeline of local currency issuance on AIX and demonstrates ongoing progress in building a robust and diversified local capital market. Expanding issuance in tenge is an important step toward enhancing financial stability and broadening the domestic investor base.”
The joint booking participants for the transaction were J.P. Morgan, Société Générale Corporate & Investment Banking, Alatau City Invest, and ForteFinance.
The notes are denominated in Kazakhstani tenge (KZT), have a tenor of three years, and an aggregate issuance amount of KZT 230 billion. The issuance carries a fixed coupon of 16.950%, payable on a semi-annual basis.
Assel Mukazhanova, AIX CEO, said:
“This transaction further strengthens the pipeline of local currency issuance on AIX and demonstrates ongoing progress in building a robust and diversified local capital market. Expanding issuance in tenge is an important step toward enhancing financial stability and broadening the domestic investor base.”
The joint booking participants for the transaction were J.P. Morgan, Société Générale Corporate & Investment Banking, Alatau City Invest, and ForteFinance.
