Quarterly report pursuant to Section 13 or 15(d)

Debt Securities Issued

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Debt Securities Issued
3 Months Ended
Jun. 30, 2018
Debt Securities [Abstract]  
Debt Securities Issued
    June 30, 2018     March 31, 2018  
          (Recast)  
Debt securities issued denominated in USD   $ 10,605     $ 7,006  
Debt securities issued denominated in KZT     9,253       4,025  
Accrued interest     111       191  
                 
Total   $ 19,969     $ 11,222  

 

As of June 30, 2018, and March 31, 2018, the Company had bonds of Freedom KZ issued under Kazakhstan law in the amount of $19,969 and $11,222 respectively. As of June 30, 2018, Company issued bonds with fixed annual coupon rate ranging from 8% to 11.5% and maturity dates ranging from January 2019 to May 2021. As of March 31, 2018, debt securities issued included Asyl bonds in the amount of $3,015 with 8% fixed annual coupon rate and maturity date of August 2018, which were fully redeemed in April 2018.

 

Debt securities issued are initially recognized at the fair value of the consideration received, less directly attributable transaction costs. Debt securities issued as of June 30, 2018 and March 31, 2018 included $111 and $191 accrued interest, respectively. The Freedom KZ bonds are actively traded on Kazakhstan Stock Exchange.