An investor purchased $30,000 worth of Kainda-Kant dollar-denominated bonds

The “Kaindy-Kant” Sugar Factory continues to demonstrate a disciplined approach to investor relations. The company has announced the accrual of interest on its first issue of KGS bonds while simultaneously maintaining demand for its dollar-denominated securities.

According to the disclosed information, holders of the plant’s first issue of interest-bearing bonds will receive income for the sixth interest period at an annual rate of 18%. Coupon payments will begin on June 16. The list of bondholders eligible for payments will be finalized on June 12.

Amid preparations for the upcoming payments, the company continues to raise funds through the securities market. According to the Kyrgyz Stock Exchange, a transaction was concluded on May 28 to purchase 300 “Kaindy-Kant” dollar-denominated bonds at a face value of $100 each. The total transaction amount was $30,000 (approximately 2.6 million KGS at the current exchange rate).

The entire package was acquired in a single transaction, indicating a major private investor’s interest in the sugar factory’s debt instruments.

The company’s dollar-denominated bonds are maturing in December 2025. They carry a coupon rate of 7% per annum in U.S. dollars with quarterly interest payments. For investors, this instrument offers a higher yield than most dollar-denominated deposits on the market, while for the company, it serves as an alternative to bank financing.