Kazakh fintech company Kaspi.kz prices US share offering
19/01/2024 07:04
ALMATY, Jan 19 (Reuters) - Kazakh fintech and banking
company Kaspi.kz KSPI.KZ has priced its U.S. share offering at
$92 per American depository share (ADS), it said on Friday,
meaning its key shareholders will raise $1.04 billion from the
sale.
Kaspi.kz, already listed on the Kazakh and London stock
exchanges, has said it wanted to improve liquidity and valuation
by listing on NASDAQ.
(Reporting by Olzhas Auyezov
Editing by David Goodman
)
((olzhas.auyezov@thomsonreuters.com; +7 727 2508 500; Reuters
Messaging: olzhas.auyezov.thomsonreuters.com@reuters.net))