Astana International Exchange (“AIX”, “Exchange”) is pleased to announce that debut public bonds of Nef Qazaqstan, in the amount of KZT6,000,000,000, paying coupon of 20 per cent and maturing in 2023, have been admitted to the official list of AIX. Nef Qazaqstan’s payment obligations under the bonds are guaranteed by one of the largest developers in Turkey, with a global growth strategy.
Jusan Invest JSC has been arranging the deal acting as a Sole Lead Manager and the Bookrunner.
Renat Bekturov, Chief Executive Officer, AIX, said:
“Nef Turkey is an experienced developer with a proven track record running developing projects currently in the UK,the USA, Kazakhstan, including those in cooperation with Nef Qazaqstan, and with projects anticipated in Germany, UAE and other countries. Nef franchise is well known for its unique business model, high quality and unrivaled design and innovation. We are proud to become a listing venue for Nef Qazaqstan and glad to provide investors with another tool for portfolio diversification.”
Oskay Tarik Volkan, General Director, Nef Qazaqstan said:
“When we have just launched the project in Kazakhstan we were aware that NEF will become a unique player in the market since we offer a new style of living to the inhabitants. We are not doing just construction, we make our contribution into the emergence of the Nef Friends & Family community. Today is a tremendous day – we are announcing about our listing on AIX!”
Maxim Kabanov, Chairman of the Board, Jusan Invest, commented:
“We are glad that we were able to bring another transaction to the market and further contribute into development of the corporate business as well as offer an additional instrument for investments to our client base. This successful placement of securities proves that there is a potential for business in the securities market to raise funding.”
AIX was formed in 2017 within the Astana International Financial Centre development framework. AIX shareholders are AIFC, Goldman Sachs, the Shanghai stock exchange, the silk Road Fund, and NASDAQ, which also provides the AIX trading platform. The exchange operates within a regulatory environment based on the principles of English Law, thus providing a reliable investment environment. The mission of AIX is to develop an active capital market in Kazakhstan and the region by providing clear and favorable conditions for attracting financing to private and public businesses. AIX develops special segments for mining companies as well as infrastructure projects under the Belt and Road initiative. More details:www.aix.kz
The Astana International Financial Centre (AIFC) is an independent jurisdiction that started operations in 2018. In accordance with the Development Strategy until 2025, the key focus of the AIFC is to consolidate as a universal platform connecting the countries of the EAEU, Central Asia and the Caucasus. www.aifc.kz