National company received prestigious international award

wednesday 2017-04-12 15:40

The authoritative international magazine EMEA Finance recognized the debut issue of the KZT bonds by KazAgroFinance JSC as the winner in the nomination The Best Local Currency Bond in Europe, Middle East, Africa (The Best Local Currency Bond in EMEA”).

This award was given to the company at the annual selection of the best international deals -“EMEA Finance Achievement Awards 2016”.

To recap, the debut market issue of the 5-year KZT bonds of the KazAgroFinance JSC for the total amount of KZT 8bn among the wide range of investors took place on November 14, 1975. Halyk Finance JSC was the manager of the issuing consortium and financial consultant, with Tsesna Capital JSC and Eurasia Development Bank as the co-underwriters
The company stated that the demand on this deal significantly exceeded the supply, and the KazAgroFinance JSC plans to continue the work.

Ainur Seitkasimova, first deputy chairman of the KazAgroFinance JSC said: “On behalf of the company we express gratitude to the investors and also to the underwriter consortium for the aligned work on arrangement of the deal resulting in this award”.

KazAgroFinance JSC is a company established by the resolution of the RoK Government in 1999. The key aim is support of the national agricultural sector development by provision of the access to the finances, as well as to the agricultural equipment and technology through lease for the agricultural producers.

EMEA Finance magazine is one of the major business publications covering the most significant financial news and events in Europe, Middle East and Africa.

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