/KASE, November 3, 10/ - Subsidiary organization of Halyk Bank of Kazakhstan -
Halyk Finance (Almaty) and VISOR Capital (Almaty), which are Kazakhstan-based
lead managers for upcoming international bonds of National Company KazMunayGas
(Almaty), provided today to Kazakhstan Stock Exchange (KASE) an official
notification of the start of acceptance of orders from KASE stock market members
for participation in the proposed placement of the Issuer's first-issue bonds
registered in accordance with foreign state's legislation.
quote
Herewith Kazakhstan Stock Exchange announces the start of acceptance of orders
from Exchange members for participation in the IPO of Eurobonds of National
Company KazMunayGaz (the Issuer) issued under its USD7.5 bn mid-term notes issue
Programme (Bonds) and registered in accordance with foreign state's legislation.
The acceptance of orders from potential investors on the organized market of
the Republic of Kazakhstan will commence simultaneously with the placement of
the Bonds in the foreign state's territory, taking into account possible
specifics inherent to relevant securities markets.
BONDS' PARAMETERS:
------------------------------------- ----------------------------------
Issuer's Name: JSC National Company KazMunayGaz
Short description of bonds: Global senior unsecured bonds,
issued according to Rule 144А
and Provision S
Face value of one security: $200,000 or larger face value,
multiple of $1,000
Expected maturity date: April 2021
Expected ratings: Baa3 (Moody's) and BBB- (Fitch)
Mortgage: Unsecured
Issue and service currency: US dollar
Additional information: Bonds Issue Prospectus is
available in English on the
web-site of Kazakhstan Stock
Exchange, at
http://www.kase.kz/files/emitters/KMGZ/kmgzf9e1_2010_e.pdf
------------------------------------------------------------------------
PROCEDURE OF OFFERRING BONDS FOR
BUYERS IN KAZAKHSTAN:
------------------------------------------------------------------------
Orders acceptance day: November 3, 2010
Beginning of orders acceptance: 12:00 Almaty time
End of orders acceptance: 15:00 Almaty time
Orders submission method: Closed
Expected date of fixing of price
and investors' orders satisfaction: November 4, 2010
Expected settlement date: November 10, 2010
Terms and conditions of settlements: As of date of settlement,
the buyer of the Bonds must
ensure availability of funds
required to pay for purchased
Bonds at brokerage accounts with
Halyk Finance, VISOR Capital or
accounts at other qualified
brokers or custodians, as well
as provide all necessary
settlement instructions.
------------------------------------------------------------------------
We kindly ask you to send your written orders drawn up according to the form
published on KASE official website
(
http://www.kase.kz/files/mix/kmgze_order_form_101103.doc ), to the following
address: 050020, Almaty, Dostyk blvd. 291/3a and by fax to number
(+7 727) 250 77 79, and to e-mail: trade@kase.kz.
Please send your inquiries to the following contacts at Halyk Finance and VISOR
Capital:
Halyk Finance: Farkhad Okhonov (tel. 8 (727) 330-01-52, fax
8 (727) 259-05-93, e-mail: farhado@halykbank.kz),
Visor Capital: Indira Kaliskarova (tel. 8 (727) 356-07-77, fax
8 (727) 356-07-78, e-mail: imk@visocap.com).
NOT FOR PUBLIC DISTRIBUTION OR PUBLICATION, WHETHER DIRECTLY
OR INDIRECTLY, IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA
Credit Suisse Securities (Europe) Limited, The Royal Bank of Scotland plc and
UBS Investment Bank are Joint Lead Managers and Book-runners, and Halyk Finance
and VISOR Capital are Kazakhstan-based Lead Managers of the Issue.
By accepting delivery of this press release you will be deemed to have
represented, agreed and acknowledged either that you are (i) a qualified
institutional buyer, as defined in Rule 144A under the U.S. Securities Act of
1933, as amended (the "Securities Act"), and are also a qualified purchaser, as
defined in section 2(a)(51) of the U.S. Investment Company Act of 1940, as
amended, or (ii) a non-U.S. Person (as defined in Regulation S under the
Securities Act).
ANY FORWARDING, DISTRIBUTION OR REPRODUCTION OF THIS PRESS RELEASE IN WHOLE OR
IN PART IS PROHIBITED. FAILURE TO COMPLY WITH THIS DIRECTIVE OR ANY OF THE OTHER
RESTRICTIONS SET FORTH HEREIN MAY RESULT IN A VIOLATION OF THE SECURITIES ACT OR
THE APPLICABLE LAWS OF OTHER JURISDICTIONS.
This press release does not constitute or form a part of an offer of Securities
for sale in the United States (including its territories and possessions, any
State of the United States and the District of Columbia). Securities may not be
offered or sold into the United States absent registration or an exemption from
registration as provided in the Securities Act, and the rules and regulations
thereunder. There is no intention to register any portion of any offering of
Securities in the United States of America or to conduct a public offering of
Securities in the United States.
The information contained herein shall not constitute an offer to sell or the
solicitation of an offer to buy, nor shall there be any sale of the Securities
referred to herein in any jurisdiction in which such offer, solicitation or sale
would be unlawful absent registration, an exemption from registration or
qualification under the securities laws of any such jurisdiction. The
distribution of this press release may be restricted by law in certain
jurisdictions and persons into whose possession this press release or other
information referred to herein comes should inform themselves about and observe
any such restriction. This document is not a prospectus and, to the extent that
it may constitute an advertisement, does not constitute an offer to sell or the
solicitation of an offer to purchase Securities. Investors should not subscribe
for any Securities referred to herein except on the basis of the information
contained in the base prospectus relating to the Programme, as supplemented by
the applicable final terms and any pricing sheet relating to the offering of
such Securities.
This communication is only being distributed to and is only directed at (i)
persons who are outside the United Kingdom or (ii) to investment professionals
falling within Article 19(5) of the Financial Services and Markets Act 2000
(Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities,
and other persons to whom it may lawfully be communicated, falling within
Article 49(2)(a) to (d) of the Order (all such persons together being referred
to as "relevant persons"). Any offering of Securities will only be made
available to, and any invitation, offer or agreement to subscribe, purchase or
otherwise acquire such Securities will be engaged in only with, relevant persons.
The Joint Lead Managers are acting for KMG and no one else in connection with
any offering of Securities and will not be responsible to anyone other than KMG
for providing the protections afforded to clients of the Joint Lead Managers nor
for providing advice in connection with such offering
NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, JAPAN OR AUSTRALIA. ANY
DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS
COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE
AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA
BLOOMBERG OR ANOTHER ELECTRONIC TRANSMISSION.
unquote
[2010-11-03]