According to Resolution No. 206 of the Financial Regulatory Commission dated June 13, 2023, and Order No. A/99 of the Executive Director of "Mongolian Stock Exchange" JSC dated June 9, 2023, the “Green Bond” program of “Khan Bank” JSC has been initiated.

Within the framework of the program, changes have been made to the registration of debt instruments and the securities prospectus in accordance with Resolution No. 556 dated November 8, 2023 and Resolution No. 341 dated July 5, 2024 of the Financial Regulatory Commission.

The second phase of the “Green Bond” program, which involves the issuance of bonds in USD, will open for primary market trading orders from strategic investors on October 15, 2024, from 10:00 AM to 5:00 PM via the IPO system of the Mongolian Stock Exchange.

Investor orders will be recorded in chronological order, and the order acceptance process will conclude once the order book is filled.

“Khan Bank” JSC plans to issue 250,000 bonds with a nominal value of $100 each, with a 3-year term and a compounded SOFR rate of + 3.40%, aiming to raise $25,000,000. The principal payment will be divided into four equal installments, starting from the 18th month after the commencement of secondary market trading.

The main underwriter for the “Green Bond” issued by “Khan Bank” JSC is “BDSec” LLC.

According to decision No. 341 by the Financial Regulatory Commission dated July 5, 2024, changes have been made to the securities prospectus on pages 12, 131, 134, 135, 138-141, and appendices 2, 299-306. You can view the bond prospectus here.

MONGOLIAN STOCK EXCHANGE