A Subsidiary of Global Developer has tapped AIX with a debut bond
A Subsidiary of Global Developer has tapped AIX with a debut bond
AIX
25 November 2022 06:20:34

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 is a subsidiary of 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 is an experienced developer with a proven track record running developing projects currently in the UK, the USA, Kazakhstan and with projects anticipated in Germany, UAE and other countries. The Company 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.”

 

 

Reference:

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 

Nef Qazaqstan was established in 2021 as a limited liability partnership. The sole founder of the company and its General Director is Oskai Tarik Volkan, a citizen of the Republic of Turkey. The company acts as a development organization, its main activity is the creation of projects, architectural, infrastructural and other sketches of the project. NEF Qazaqstan operates under the brand "NEF", which is an international brand in the construction industry and has been operating since 2010.

Jusan Invest is a licensed company to carry out brokerage and dealer activities in the securities market with the right to maintain customer accounts as a nominal holder, license No. 3.2.239/16 dated June 25, 2021, issued by the Agency of the Republic of Kazakhstan for the regulation and organizations, and is a trading member of the AIX (No. TM2018001 dated June 20, 2018). The sole shareholder of the company is Jusan Bank JSC, one of the largest second-tier banks with B1 ratings (stable outlook) from the Moody’s Investors Services rating agency as of 2022. More details: www.jusaninvest.kz


Latest News