Issue, circulation and maturity terms of KZP01Y10D121 (KATRb2) bonds of KazAgroTrade+ LLP (Kazakhstan)

05.09.08 21:12
/IRBIS, Vitaliy Tomskiy, September 5, 08/ - Following is the characteristics of KZP01Y10D121 bonds of KazAgroTrade+ LLP (Almaty), which is given in accordance with their inclusion in Kazakhstan Stock Exchange's (KASE) second sub-category "Debt securities without the rating" official list. Data is shown in accordance with conclusion of KASE's Listing commission and prospect of bonds issue. --------------------------------------------------------------------------------------- Type of securities: bonds with floating coupon rate Debt type: Unsecured Issue and servicing currency: Kazakhstan tenge (KZT) Bond program's number D12 in state register: Issue registration date: August 4, 08 Sum of the bond program: KZT20.0 bn. Issue number in the bond program 1 Issue number in state register: D12-1 Issue registration date August 4, 08 National identification number KZP01Y10D121 Bondholders' register maintained by: Perviy Nezavisimiy Registrator JSC (Almaty) Bond's face value: KZT1 000 Issue volume in issue currency: 11,000,000,000 Issue volume in securities: 11,000,000 Circulation start date: August 4, 08 Circulation term: 10 years Offering term: during the whole circulation period Register fixation date at maturity: August 3, 18 Maturity date: August 4, 18 Maturity term: Within 10 working days since the day followed after register fixation date Coupon rate: 17.00% APR for the first three coupon period, further - floating, depended on inflation level in Kazakhstan Register fixation dates at the beginning of February 3 for coupon payment: and August 3 annually ------------------------------------ -------------------------------------------------- Coupons payment start dates: at the beginning of February 4 and August 3 annually Term of coupon payments: Within 10 working days since the day followed after register fixation date Times basis at all settlements: 30/360, European method Date of admittance in trade August 29, 08 lists of KASE: Symbol on KASE: KATRb2 Date of first trades: will be determined later Quoting system on KASE: in net prices, % from the face value ------------------------------------ -------------------------------------------------- Accuracy of price changing 4 decimal figures in quoting: ------------------------------------ -------------------------------------------------- Market-maker on KASE: Astana-finance JSC (Astana) ------------------------------------ -------------------------------------------------- Minimal volume of compulsory 2 400 bonds quotation: ------------------------------------ -------------------------------------------------- Credit ratings of the issue: Absent as of September 4, 08 ------------------------------------ -------------------------------------------------- Issuer's credit ratings: Absent as of September 4, 08 --------------------------------------------------------------------------------------- The amount of interest rate beginning from fourth coupon period of circulation is determined by the formula: r = i + m, where r - coupon rate; 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 3.50% APR. The upper limit of the rate is 16.0%APR, lower - 10.0%APR. Publishing of new interest rate is happened before 3 working days to new coupon period. Society brought this information to bondholders by means of website of Kazakhstan Stock Exchange (KASE) and mass media (including national weekly newspaper Kazakhstanskaya Pravda). According to decision of general meeting of participants, the issuer has the right to purchase bonds with the purpose of prescheduled maturity. Bonds redemption with the purpose of prescheduled maturity is made at face value with simultaneous payment of accumulated interest since the moment of last interest payment till the dated of bonds redemption. Partially prescheduled maturity is made by means of proportional redemption that means every bondholder, depending on the amount of possessed bonds. The sum of redemption with the purpose of partially prescheduled maturity of the main debt is rounded to whole number and makes not less than KZT1. At that, before 10 calendar days to the date of redemption, the issuer informs bondholders on bonds redemption with the purpose of their prescheduled maturity by means of publishing it in Kazakhstanskaya Pravda and on website of Kazakhstan Stock Exchange JSC. Detailed information about the issuer and his securities is available on KASE's web-site at http://www.kase.kz/emitters/katr.asp [2008-09-05]