/IRBIS, Vitaliy Tomskiy, October 23, 08/ - Following is the characteristic of
XS0251881289 international bonds of TuranAlem Finance B.V.
(Rotterdam), offered under full security of BTA Bank JSC (Almaty) in the
due to their inclusion into Kazakhstan Stock Exchange (KASE) official list,
of category "Rated debt securities".
Information below is shown on the conclusion of KASE Listing Commission,
provided to the stock exchange by guarantor of the issuer, and also in
accordance with data of rating agencies.
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Type of bonds: international bonds with
fixed coupon rate
Type of debt: main unsecured
ISIN (standard S): XS0251881289
ISIN (standard 144A) US89989EAG26
Regulations: S, 144A
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Lead-managers of the issue: ING Bank N.V. (London),
JPMorgan Bank Chase Bank N.A.
(New York)
Trustees: The Bank of New York (New York)
The main payment agent: The Bank of New York (New York)
Registrar: The Bank of New York (New York)
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Issue and servicing currency: USD
Volume of issue in issuing currency: 250,000,000
Face value (USD): 100,000 or any sum,
exceeding this one
and divisible by 1,000
Circulation start date (date of payment): April 25, 06
Circulation term: 7 years
Maturity date: April 25, 13
Register is fixed at maturity: 15 days prior to maturity date
Coupon interest rate: 7.75% APR
Date of coupon payments: April 25 and October 25 annually
Register is fixed on coupon payment: 15 days prior to the payment date
Time basis: 30/360
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Date of the beginning of primary offering: April 25, 06
Price at primary offering: 98.68%
Yield to maturity on offering: 8.00%
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Date of inclusion into KASE's trade lists: October 17, 08
Date of the first trades on KASE: will be determined later
Trade code of KASE: BTASe6
Quotation system on KASE: in net prices, expressed in %
out of face value
Accuracy of price changing at quotation: up to within 4 decimal places
Market-maker on KASE: Subsidiary of BTA Bank JSC - BTA
Securities JSC (Almaty)
Minimum volume of obligatory quotation: 19,500 USD in debt's
nominal expression
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Credit ratings of the issue:
Moody's Baa2
S&P BB
Fitch BB+
Credit ratings of guarantor:
Moody's D/Ba1/stable/NP
S&P in foreign currency and national
currency: BB/negative/В
Fitch BB+/negative/В, individual C/D,
support 3
long-term in national
currency: BBB-/negative;
short-term in national currency: F3
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Options on mentioned bonds are not provided.
More detailed information on securities, their issuer and guarantor is
available at
http://www.kase.kz/emitters/btase.asp and
http://www.kase.kz/emitters/btas.asp
[2008-10-23]