Published
04/08/2026, 09:28Kaindy-Kant Open Joint-Stock Company has fulfilled its obligations to investors in a timely manner for the first coupon period of its second bond issue maturing on December 1, 2025. This was reported on the website of the Kyrgyz Stock Exchange.
The total amount of accrued and paid income was $3,300 (approximately 290,000 KGS). All 24 bondholders received their payments on time and in full.
In effect, the company has demonstrated its payment discipline in the debt market as early as the first coupon payment.
The sugar factory issued the dollar-denominated bonds in December 2025. The issue size was $1 million, with a coupon rate of 7% per annum and quarterly payments. The maturity is 36 months.
The face value of a single bond is $100, and the minimum investment amount is $500 (five bonds), making the instrument accessible to a wide range of investors.
At the same time, the company’s financing remains diversified. In addition to bonds, “Kaindy-Kant” actively uses bank loans and resources from development institutions. The largest lender is the Russian-Kyrgyz Development Fund (over 57% of liabilities), while commercial banks—KICB (17.2%) and Demir Bank (16.7%)—also account for a significant share.
