SevKazEnergo (Kazakhstan) on November 19 sold 16.7 bn bonds KZ2C0Y10D695 (KZ2C00001519, SKENb1) at 9.5 % APR

/KASE, November 19, 12/ - A special trading session for offering of bonds KZ2C0Y10D695 (KZ2C00001519, KASE official list, Rated Debt Securities category, SKENb1; KZT100, KZT8.0 bn; January 10, 2010 - January 10, 2020; semi-annual coupon 12.50 % APR; 30/360) of JSC "SevKazEnergo" (Petropavlovsk) was held in KASE trading system today. The declared volume of offering was 30,000,000 bonds KZ2C0Y10D695 (37.5 % of the total number of placed bonds of this issue). As the price an order would indicate the bonds' "net" price (excluding interest accrued) expressed as percentage of the security's face value accurate within the fourth decimal. Orders for participation in the placement were submitted from 15:00 to 16:00 o'clock (Almaty time) (ALT) by the closed method. Only limited orders were accepted to the trading. The method of acceptance of orders for purchase - at prices of orders equal to the cut-off price or more favorable for the seller. Settlement scheme - Т+0. One lot's size - 1,000 bonds. Three KASE members took part in the trading, submitting three orders for purchase of 16,808,000 bonds. All orders remained active at the end of orders submission period. Hence, the bid made up 56.0 % of the ask. The "net" prices in the submitted orders were at levels from 89.2196 % (15.0 % APR) to 115.2740 % (9.5 % APR), making on average 115.1177 % (9.5 % APR to maturity for buyer). In the total volume of active orders pension market entities accounted for 99.4 %, clients of brokerage firm - 0.6 %. Upon results of the trading the issuer fixed the cut-off price at 115.2740 %, which corresponds with the yield of bonds to maturity for buyer of 9.5 % APR, and satisfied one order hence selling 16,700,000 bonds. KZT1,999,877,883.33 were raised as a result. According to JSC "Central Securities Depository" (Almaty) the transaction was executed by the moment of this publication. [2012-11-19]