/IRBIS, Sergey Yakovlev, June 23, 05/ - Following is the characteristics of
the 1st issue bonds of KazAgro Trade+ LLP (Astana), which is given in
accordance with their inclusion in Kazakhstan stock exchange's (KASE)
official "B" listing category.
Data is shown in accordance with conclusion of KASE's Listing commission
and Specification of the first issue bonds of KazAgro Trade+ LLP.
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Type of securities: bonds with indexed coupon rate
Debt type: unsecured
Issue and servicing currency: Kazakhstan tenge (KZT)
Indexation type: coupon rate depending on inflation
rate in Kazakhstan
National identification number: KZ2PKY03B580
Issue number in state register: B58
Registrar: Registrar Center JSC (Almaty)
Financial consultant: TuranAlem Securities JSC (Almaty)
Date of issue registration: April 18, 05
Face value: KZT1,000
Issue volume in issue currency: 2,000,000,000
Issue volume in securities: 2,000,000
Date of circulation start: June 23, 05
Circulation term: 3 years
Floatation term: during the whole circulation term
Register fixation date at maturity: June 22, 08
Redemption start date: June 22, 08
Maturity term: within 10 working days, following
after the day of register fixation
Coupon interest: 14.0% APR for the first circulation
year, afterwards - floating
Register fixation dates for coupons payment: December 22 and June 22 of each year
Dates of coupon payment start: December 23 and June 23 of each year
Coupons payment term: within 10 working days, following
after the day of register fixation
Times basis at all settlements: 30/360, European method
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Date of admittance in trade lists of KASE: June 23, 05
Trade code of KASE: KATRb1
Date of first trades: to be determined later
Quoting system on KASE: in "clean" prices, % of the face
value
Accuracy of price changing in quoting: 4 decimal figures
Market-maker on KASE TuranAlem Securities JSC
Minimal volume of compulsory quotation: 1,900 bonds
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Credit ratings of the issue: absent as of June 23, 05
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Credit ratings of the issuer: absent as of June 23, 05
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Coupon rate on bonds is 14.00%APR for the first circulation year, starting
from second year - floating, depends on inflation rate, reexamined every six
months and is determined by the formula:
r = i + m, where
r - coupon rate in % APR; i - inflation calculated as growth/falling of
consumer price index (in percentage expression minus 100%), which is
published by Kazakhstan statistics agency for the last twelve months
preceding to two months before the date of the next interest payment; m -
fixed margin at the rate of 7.0% APR for the whole period of circulation.
The upper limit of the rate is 16.0%APR, lower (in case of deflation) -
7.0%APR.
Pre-term redemption is not stipulated by terms of the issue.
Detailed information about the issuer and his securities is available on
KASE's web-site at
http://www.kase.kz/emitters/katr.asp
[2005-06-23]