“Fincraft Resources” JSC redeemed issue of bonds KZ2C00001360 and KZ2C00001832December 27, 2021
Almaty, December 27, 2021 – Joint Stock Company “Fincraft Resources” has fully redeemed issue of KZ2C00001360 (SATCb1) bonds along with the payment of the last, 20th coupon interest on December 20, 2021. Moreover, on December 15, 2021 the Company fully redeemed issue of KZ2C00001832 (SATCb2) bonds with the simultaneous payment of the last, 11th coupon interest.
The payments under KZ2C00001360 (SATCb1) bonds totaled to KZT 13,020,400,500.68, including principal debt (total par value of bonds) – KZT 11,997,604,700 and the 20th coupon interest – KZT 1,022,795,800.68. Effectively January 03, 2008, the SATCb1 bonds were added to official “B” category list of KASE and starting August 08, 2019 they were under category "bonds" of alternative board of official KASE list. The trading of bonds was launched on January 16, 2008.
The payments under KZ2C00001832 (SATCb2) bonds totaled to KZT 1,288,338,960, including principal debt (total par value of bonds) – KZT 1,185,588,000 and the 11th coupon interest – KZT 102,750,960. Effectively August 03, 2012, the SATCb2 bonds were added to official list of KASE under category "Rated Debt Securities" and starting August 08, 2019 they were under category "bonds" of alternative board of official KASE list. The trading of bonds was launched on October 16, 2012.
“Having redeemed the bonds, the Company has once again exhibited its reliability as a borrower, while demonstrating strong willingness to work at capital markets. In order to continue beneficial cooperation with investors and underpin a high standard of performance, we are evolving promising projects in various industries with such entities as Battery Metals Technologies, which is engaged in extraction of high-grade nickel and cobalt and InderGips, which specializes in manufacturing of gypsum and dry construction mixtures” stated Bektas Mukazhanov, Chief Executive Officer of Fincraft Resources JSC.
Fincraft Resources is a dynamically developing Kazakhstan holding
company. The Company is focused on sustainable growth through expansion of
existing production capabilities, introduction of new projects and acquisition
of new assets thus promoting the Company in strategical goals achievement. The
holding incorporates number of subsidiaries engaged in the manufacture of
construction industry supplies and production of metals used in accumulating
batteries manufacture for electric vehicles (Battery Metals Technologies, BMT).
The stocks of “Fincraft Resources” JSC are listed at Kazakhstan Stock Exchange