KASE has published the Amended Final Terms of JSC Development Bank of Kazakhstan international bond

04.02.11 18:06
/KASE, 04.02.11/ - The Kazakhstan Stock Exchange (KASE) has published the Amended Final Terms relating to new international notes issued by JSC Development Bank of Kazakhstan in January 2011 for the total amount of USD 277 mln, which will be consolidated with the USD 500 mln notes issued in December 2010. The Amended Final terms are available at the following link http://www.kase.kz/files/emitters/BRKZ/brkzf9e6_010211_eng.pdf The new notes have been assigned a temporary ISIN, which is different from that assigned to the original USD 500 mln notes issued in December 2010, for a period of 40 days from the issue date of the new notes (1 February 2011). JSC Development Bank of Kazakhstan has been advised by its legal counsel and has accordingly informed the KASE that the temporary ISIN is required under applicable US securities laws to distinguish the new notes from the original notes for this 40-day period during which US persons may not purchase the new notes. At the end of the 40-day period, the new notes will be consolidated with the original notes to form a single series of USD 777 mln and all the notes, irrespective of their issue date, will trade under the same ISIN assigned to the original notes. [2011-02-04]