National Atomic Company Kazatomprom JSC GDR RegS (NATKY) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
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.
Trending Articles
- ‘Time to Jump Ship,’ Says Investor About MicroStrategy Stock
- Nvidia and Microsoft: Why This Top Investment Firm Decided to Dump Shares
- Wells Fargo (NYSE:WFC) Departs Philadelphia Sports Arena
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
