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Kazatomprom’s $200M Bond Placement Boosts Financial Strategy
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Kazatomprom’s $200M Bond Placement Boosts Financial Strategy

National Atomic Company Kazatomprom JSC GDR RegS (NATKY) has released an update.

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Kazatomprom, the world’s largest uranium producer, announced a private placement of unsecured coupon bonds worth $200 million on the Astana International Exchange. The bonds, sold to Samruk-Kazyna JSC, have a maturity period of 36 months with a coupon rate of SOFR plus 1%, aimed at financing the company’s working capital. This move highlights Kazatomprom’s strategic financial management amid its significant role in the global uranium market.

For further insights into NATKY stock, check out TipRanks’ Stock Analysis page.

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