/IRBIS, Vitaliy Tomskiy, January 9, 08/ - Following is the characteristics of
KZ2C0Y05C804 bonds of ABDI Comapny 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 floating coupon rate
Debt type: Unsecured
Currency of the issue and servicing Kazakhstan tenge (KZT)
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Number of bonds' program in state register: C80
Date of bonds' program registration: November 8, 07
National identification number: KZ2C0Y05C804
Bondholders' register maintenance Register "Zerde" JSC (Almaty)
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Face value of bond: KZT10,000
Issue volume in issue currency: 9,000,000,000
Issue volume in securities: 900,000
Circulation start date: January 8, 08
Circulation term: 5 years
Offering term: during the whole circulation term
Register fixation date at maturity: January 7, 13
Maturity start date: January 8, 13
Maturity term: during 10 calendar days,
after register fixation date
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Coupon interest rate: 11.50% APR of face value for the first coupon period; starting from second - floating, depending on inflation rate in Kazakhstan
Dates of register fixation for coupon payments: January 7 annually
Date of start coupon payment: January 8 annually
Coupon payments term within 10 calendar days, following the register fixation date
Time base for all settlements: 30/360, European method
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Date of inclusion in KASE trade lists: January 8, 08
Trade code of KASE: ABDIb1
Date of first trades: will be determined later
Quoting system on KASE: in net prices, % from the face value
Accuracy of price changing at quoting: up to 4 decimal figures
Market-maker on KASE: Halyk Finance JSC (Almaty)
Minimal volume of compulsory quotation: 220 bonds
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Credit ratings of the issue: absent as of January 8, 08
Credit ratings of the issuer: absent as of January 8, 08
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Since second circulating year the interest rate is determined by formula:
r = i + m,
where r - coupon rate;
i - inflation, calculated as change of consumer price index (value of index in
percents minus 100%), published by statistics agency of Republic of
Kazakhstan for the last 12 months previous to one month before date of
payment of next coupon);;
m - fixed margin in size of 1.5% APR.
Value of upper limit of rate is set at 11%, lower - at 5%.
Information about size of interest rate for the next coupon period have to be
announced by issuer through KASE the day before date of next coupon
period beginning.
Prescheduled maturity and options are not foreseen on these securities.
More detailed information about the securities and the issuer is published at
http://www.kase.kz/emitters/abdi.asp
[2008-01-09]