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MIK SUCCESSFULLY PAYS FIRST COUPON ON USD BOND
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2024-07-18

The Mongolian Mortgage Corporation (MIK) has successfully paid the first coupon of its $225 million bond issued on the international market.

The "Khulan" bond, totaling $225 million, was issued on January 18, 2024, by MIK HFC LLC (MIK) in collaboration with Deutsche Bank AG, Korea Investment & Securities Asia Limited, and the domestic consulting firm TDB Securities SC. This marks the third bond successfully issued by MIK on the international capital market.