/KASE, April 20, 12/ - Subsidiary of Halyk Bank of Kazakhstan Halyk
Finance (Almaty) and BCC Invest - Subsidiary of Bank CenterCredit
(Almaty), underwriters of bonds KZ2C0Y05E065 (KASTb3) of KAZEXPORTASTYK
Holding (Astana), provided today to Kazakhstan Stock Exchange (KASE)
the following press release:
quotation
Hereby, Halyk Finance and BCC Invest announce that KAZEXPORTASTYK Holding
(the Issuer) intends to implement public offering of part of outstanding
bonds of third issue KZ2C0Y05E065 (KASTb3) for purchasing on the organized
market through special trades in Kazakhstan Stock Exchange trading system.
The special trades planned date is April 27.
Announced indicative volume of this bonds issue that the Issuer plans to
offer for purchasing on special trades is 1,000,000 bonds.
The Issuer plans to offer bonds at the price equal to the yield to maturity
rate in the size of 10% APR.
If the volume of investors submitted orders at the price equal to the yield
to maturity rate in the size of 10% APR will exceed an announced indicative
volume of offer, the Issuer may increase the volume of offered bonds and
place more than 1,000,000 bonds.
The special trades will be held in the KASE trading system from 11:30 to
15:00 Almaty time (ALT). The security code at trades - KASTb3. The issuer
will define the cut off till 16:00 ALT of the trades day.
Central Securities Depository will implement settlements according to its
rules. The buyer must ensure money in return to being purchased securities
on the correspondent account in Central Securities Depository at
15:00 ALT (ΠΆ+0).
Only limited and market orders will be accepted to trades, submitted to the
KASE trading system by the closed method. The market orders will be satisfied
at 70 %.
As the price an order will indicate the bonds "net" price (excluding interest
accrued) expressed as percentage of the security face value accurate within
the fourth decimal. The number of financial instruments in an order must be
equal to the number of bonds in units. As the volume orders must quote the
production of the bonds number, indicated in an order and the "dirty" price
per bond (including interest accrued).
The deal volume is calculated in compliance with article 14 of chapter 3 of
the Method of Calculation of Bond Yield and Bond Transaction Sum available
at
http://www.kase.kz/files/normative_base/bond_yield_eng.pdf
The purchasing orders acceptance method - at the cut off price. The orders
that have prices equal or lower than the cut off price will be cut off.
On all issues and additional information, please, contact the following
representatives of BCC Invest and Halyk Finance:
BCC Invest:
Yulia Goloschapova (tel. 8 (727) 259-85-98 (ext. 7299),
fax 8 (727) 244-32-31,
e-mail: jgoloshapova@bcc-invest.kz)
Halyk Finance:
Farkhad Okhonov (tel. 8 (727) 330-01-52, fax 8 (727) 259-05-93,
e-mail: FarhadO@halykbank.kz)
Yulia Feller (tel. 8(727) 330-62-12, fax 8 (727) 259-05-93,
e-mail: FellerY@halykbank.kz)
ends
[2012-04-20]