/IRBIS, Sergey Yakovlev, June 4, 07/ - Following is the characteristics of
KZPC9Y03B659 bonds of Bank CenterCredit JSC (Almaty), which is given in
accordance with their inclusion in Kazakhstan stock exchange's (KASE)
official "A" listing category.
Data is shown in accordance with conclusion of KASE's Listing commission
and prospect of bonds' issue.
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Type of securities: bonds with fixed
coupon rate
Debt type: Secured
Issue and servicing currency: Kazakhstan tenge (KZT)
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Bond program number
in the state register: B65
Issue registration date: July 6, 05
Sum of bonds' program KZT50.0 bn
Number of issue on bonds' program 9
Number of issue in state register B65-9
Date of issue registration May 15, 07
National identification number KZPC9Y03B659
Bondholders register maintenance Tsentr DAR JSC (Almaty)
Representative of bondholders Bank TuranAlem JSC (Almaty)
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Face value: KZT100
Issue volume in issue currency: 2,000,000,000
Issue volume in securities: 20,000,000
Date of circulation start: May 16, 07
Circulation term: 3 years
Floatation term: within the whole circulation term
Register fixation date May 15, 10
at maturity:
Maturity start date: May 16, 10
Maturity term: within 20 working days, after
circulation term expired
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Coupon rate: 8.0% APR from face value
Register fixation dates for coupons November 15 and May 15 annually
payment:
Coupons payment start dates: November 16 and May 16 annually
Term of coupon payments: within 20 working days, after
date of last day of the period, for which
payment is made
Time basis at all settlements: 30/360, European method
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Date of admittance in trade June 1, 07
lists of KASE:
Trade code of KASE: CCBNb16
Date of first trades: Will be determined later
Quoting system on KASE: in net prices, % from the face value
Accuracy of price changing in up to 4 decimal figures
quoting:
Financial consultant of the BCC Invest JSC - daughter
issuer and market-maker organization of Bank
on KASE: CenterCredit JSC (Almaty)
Minimal volume of compulsory quotation 22,000 bonds
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Credit ratings of the issue: absent as on June 4, 07
Credit ratings of the issuer:
Moody's D-/Ba1/stable/NP
Fitch BB-/stable/B/3, individual D
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The method for provision of execution of liabilities by the issuer before the
holders of bonds is the pledge, due to which the bondholders have the right
in case of issuer's default to receive the satisfaction from cost of subject of
pledge, in accordance with legislation of Republic of Kazakhstan.
Subject of pledge - the provision of issue of bonds is the pledge of pool
(aggregate of rights of demand on loans, provided be pledge of automobiles)
of rights of requirements on loan agreements of the issuer. The list of pledge
property, included into content of pledge is listed in Register of pledge,
maintained by the issuer.
Cost of subject of pledge - issuer engages itself to support the cost of
pledged property during whole term of bonds' circulation on the kevel not
less than 100% from total face value of bonds, being in circulation. While
calculation of cost of pledge will be considered the main debt on loan
agreements.
By decision of Board of directors the issuer has the right to redeem bonds on
organized and non-organized markets with objective of further selling to
other investors. Price of deal is determining based upon best market
conditions, formed as of moment of deal-making.
Detailed information about the issuer and the securities is available on
KASE's web-site at
http://www.kase.kz/emitters/ccbn.asp
[2007-06-04]