/KASE, December 25, 06/ - By decision of Board of Kazakhstan stock
exchange (KASE) dated December 25, 2006 KZPC1Y05C285 bonds
(KZT1,000, KZT3.0 bn; 5 years, semi-annual coupon, for the first coupon
period is determined according to results of specialized trades, later -
indexed on inflation rate, 30/360) of KazAgroFinance JSC (Astana) were
established as included into KASE's official "A" listing category in
accordance with the reductive listing procedure, stated by the article 19-1 of
the Listing rules. The bonds were assigned KAFIb1 number on KASE.
The date, when the mentioned decision of the Board will take effect, will be
announced later after the issuer pays KASE the listing fee for those
securities.
Trade opening in mentioned bonds on KASE will be announced later.
The named issue of bonds is the first in the frames of the first bond program
of KazAgroFinance JSC, registered by Agency of the Republic of
Kazakhstan for regulation and supervision of the financial market and
financial organizations on October 12, 2006 for a total of KZT30.0 bn. under
C28 number and the first issue of the company's internal bonds, passed
through the listing procedure on KASE.
Investment Financial House RESMI JSC (Almaty) acted as issuer's
underwriter at offering of its bonds. DERBES SECURITIES JSC (Astana) is
issuer's financial consultant.
Primary activity types of KazAgroFinance JSC are: financial leasing of
agricultural machinery and processing equipment at the expense of budget
and own funds by means of export financing, crediting of machine-
technologic stations (service-centers); crediting of acquisition of spare parts
for agricultural machinery of domestic and foreign production; accordance of
special-purpose loans for acquisition of production techniques of far-abroad
countries, as well as for replenishment of borrowers' working capital.
On November 1, 2006 KazAgroFinance JSC was assigned a long-term
issuer rating in a foreign and the national currency Ваа2/stable from the
international rating agency Moody's Investors Service.
Detailed information of the issuer and its securities will be published on
KASE's web site at
http://www.kase.kz/emitters/kafi.asp after the pointed
decision of the Board will take an effect.
[2006-12-25]