/KASE, May 28, 2025/ – Kazakhstan Stock Exchange (KASE) announces that on May 30, 2025 an initial offering of bonds KZ2C00013753 (KASE main market, "bonds" category, KASAb1) of Kazakhstan Electrolysis Plant JSC (Pavlodar) will be conducted in KASE's trading system by way of subscription to them on the terms and conditions below (Astana time).

Tengri Partners Investment Banking (Kazakhstan) JSC (the Seller) (Almaty) acts as the seller during the subscription to these bonds.

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Type of securities:                  secured coupon bonds             
ISIN:                                KZ2C00013753                     
KASE trade code:                     KASAb1                           
Face value, US dollar:               1,000                            
Issue volume, US dollar:                                              
– registered:                        100,000,000                      
– placed (at par):                   –                                
Circulation start date:              date of the first successful     
                                     trading on bond offering         
Last circulation day:                will be determined later         
Repayment start date:                will be determined later         
Maturity:                            3 years (1,080 days)             
Coupon rate:                         will be determined later based on
                                     the first successful trading on  
                                     bond offering                    
Coupon payment periodicity:          twice a year                     
Coupon payment start dates:          will be determined later         
Time base:                           30 / 360                         
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Subscription date:                   30.05.25                         
Nominal placement volume, US dollar: 50,000,000                       
Type of purchase orders:             limit and market                 
Order collection time:               09:30–12:00                      
Price per bond, US dollar:           1,000                            
Date and time of transactions:       30.05.25, 15:00                  
Date and time of settlements:        30.05.25, 15:00                  
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Joint underwriters are First Heartland Jusan Invest JSC, Eurasian Capital JSC, Subsidiary of Halyk Bank of Kazakhstan "Halyk Finance" JSC, BCC Invest JSC (Subsidiary of Bank CenterCredit JSC).

The total nominal volume of the bonds planned for placement is preliminary and is subject to change upon notification of the initiator of the specified subscription.

The nominal volume in US dollars must be indicated as the number of financial instruments in the order. The lot is equal to one bond, the minimum order volume is 1,000 US dollars.

According to the terms of this subscription, the list of additional information about the investor disclosed to the Seller of the specified bonds includes the last name, first name, patronymic (if any) of an individual or the name of the legal entity.

Orders for participation in the subscription are submitted only through KASE members of the "stock" category. The full list of KASE members by category is available at see more

Settlements are carried out by Central Securities Depository JSC.

The Rules for subscription to securities are available at see more

More detailed information about this bond issue is available at see more

[2025-05-28]