/KASE, November 21, 2016/ – Kazakhstan Stock Exchange (KASE) informs that
on November 21, 2016 KASE held a media briefing dedicated to the first
instruments listed in the new KASE sector being short-term (commercial) bonds
of PAVLODARENERGO and SEVKAZENERGO issuers.
During the event KASE announced the first listings in the Commercial bonds
sector, whereas the bond issuer representatives being PAVLODARENERGO and
SEVKAZENERGO presented the media with their performance indicators
dynamics, information on the current projects and forecast figures for the near
future and shared their plans for the further development of the companies.
As previously reported, the Commercial bonds sector was allocated on KASE in
order to meet the needs of the listed companies being large businesses
(including banks) for a fast and cheaper short-term financing. In case of these
bonds the fast procedure to register with the National Bank, simplified listing
procedure on KASE, as well as lower listing fees are offered. This instrument
will allow the above listed companies to raise funds for the working capital
promptly and as needed.
Details on the event are available on KASE website
http://www.kase.kz/files/press/en/16_11_21_briefing_commercial_bonds_eng.pdf
[2016-11-21]