National atomic company Kazatomprom completes placement of USD500 m international bonds XS0510820011 (KZAPe1) May 20
27.05.10 19:19
/KASE, May 27, 10/ - National atomic company Kazatomprom (Almaty),
bonds of which are listing on Kazakhstan Stock Exchange (KASE), provided
KASE with a statement:
Quotation begins
NOT FOR RELEASE OR PUBLIC DISTRIBUTION IN THE USA, AUSTRALIA,
CANADA OR JAPAN
On May 20, 2010 National atomic company Kazatomprom Baa3 (Moody's) and
BBB- (Fitch), settled/closed the placement of 6.25 % 5-year debut Eurobonds for
a total of USD500 m to record the best Eurobond issue among emerging
markets. The book order reached USD4.3 bn with demand 8 times exceeding
bonds available for sale.
The yield was defined May 14, 2010 after closing of the order book. The share of
Kazakh investors reached 9.8 % (USD49 m).
BNP Paribas and J.P. Morgan are joint lead managers and book runners, and
Halyk Finance is a Kazakhstan lead manager of the issue.
100 % shares of NAC Kazatomprom indirectly belong to the Kazakhstan
Government (Baa2/BBB-/BBB-). NAC Kazatomprom is a national strategic
company and uranium operator. Kazakhstan is the second in uranium reserves.
This message is not an offer for sale of securities in the USA. The securities may
not be offered or sold in the USA without registration or release of registration
in accordance with the USA Securities Law dated 1933 (the USA Securities Law).
The securities have not been and will not be registered in accordance with the
USA Securities Law and, on admission of certain exceptions, may not be offered
or sold in the USA. The securities may be offered and sold only (A) outside the
USA in accordance with Regulations S of the USA Securities Law (the
Regulations S); or (B) to Qualified Institutional Buyers (as defined in Rule 144А
of the USA Securities Law (Rule 144A)) with a view to release from registration
requirements provided with Rule 144А. Any breach of the limitation may be a
violation of the USA Securities Law. This message is released and intended only
for (i) persons outside the Great Britain, or (ii) persons, enjoying professional
investment qualification and covered with Article 19 (5) of Order 2005 (the Order)
to the Law on Financial Services and Markets 2000 (Financial Incentives) and (iii)
companies with high net asset value, and other persons, who may legally have
the message available in accordance with Article 49 (2) (а) through (d) of the
Order (jointly referred to as 'respective parties'). Any investment activity,
covered with this message, is possible and may be carried out solely provided
participation of respective parties. Any person that is not respective party
should not rely on this message or the content thereof. The message is an
advertisement and not an issue prospectus for purposes of requirements of
Directive of the European Union 2003/71/EC, and as such is not an offer for sale
or a request for purchase of the securities.
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[2010-05-27]